Walmart Threatens To Pull Out Of D.C. Over 'Living Wage'

On Tuesday afternoon, Walmart officials, lobbyists, and an upper executive paid a visit to the Washington D.C. Council. What could bring out the muscle of the world's largest retailer? The prospect of a raised minimum wage.

As The Washington Post reports, D.C. Council members are voting Wednesday on a bill that would demand mega-retailers pay their employees at least $12.50 an hour, with Walmart the clear target. Walmart, which pays its hourly associates an average of $8.84 an hour, according to Glassdoor, threatened to stop at least three of the six planned Walmart stores from opening in the city if the bill succeeded, forcing the council to decide: Are no new Walmart jobs better than poorly paid ones?