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Wallmart will close 269 stores.....

I doubt seriously that the minimum wage is $10........ WalMart does far more damage to local economies than they save.
Kinda looks like they're closing stores in smaller communiites AFTER the local businesses had to stop.
 
Some folks are speculating that minimum wage laws are affecting which Walmarts are chosen to close. :eek:

In Oakland, employees and city officials expressed shock, and some speculated that the city’s minimum-wage law played a part in the decision to shutter the store there. The Walmart in San Jose, which also boosted the minimum wage, will shut as well. The two stores in San Leandro, which has no minimum-wage law that supersedes the state’s, will remain open.

http://www.sfgate.com/bayarea/article/Walmart-to-close-nearly-269-stores-worldwide-6762457.php
 
Some folks are speculating that minimum wage laws are affecting which Walmarts are chosen to close. :eek:

In Oakland, employees and city officials expressed shock, and some speculated that the city’s minimum-wage law played a part in the decision to shutter the store there. The Walmart in San Jose, which also boosted the minimum wage, will shut as well. The two stores in San Leandro, which has no minimum-wage law that supersedes the state’s, will remain open.

http://www.sfgate.com/bayarea/article/Walmart-to-close-nearly-269-stores-worldwide-6762457.php
These communities will some day thank their lucky stars for these closings.
 
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