WASHINGTON, DC-In a last ditch effort to derail the district's proposed living wage bill, executives with Home Depot, Target, Autozone, Lowe's, Walgreen's and Macy's are urging Mayor Vincent Gray to veto the legislation.
The retailers signed a letter to the mayor requesting he veto the “Large Retailer Accountability Act" that would mandate all retailers occupying 75,000 square feet of space and whose parent company grosses at least $1 billion a year to pay their employees $12.50 an hour, net of benefits, according to the Washington Business Journal.
The retailers' letter states, "any future plans for retail expansion in the city must be revisited. Arbitrary conditions that subject our stores to rules that other employers, including countless competitors, are not equally subjected to unfairly distort the marketplace and are cause for grave concern." The bill, adopted last week by the DC Council, exempts unionized stores, including Giant and Safeway. See story in the Washington Business Journal.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
