A proposed city ordinance that would set the minimum wage big box retailers such as Target and Wal-Mart (and any store with over 90,000 square feet of retail space) can pay their workers at $10 per hour (with $3 per hour of benefits) has spurred Target to halt plans to build two new stores in the city. Planned locations in Wilson Yard and Morgan Park were expected to be key elements of major development projects in both neighborhoods. Target, which already has six stores in the city, told developers that completion of the proposed stores was contingent on the law not passing. Wal-Mart has announced that it will also change its plans if the law passes by discontinuing efforts to create as many as 20 more stores in the city. The full city council is expected to vote on the law on July 26th. The bill’s sponsor, Alderman Joe Moore, characterized Target’s behavior as tantamount to “threats and scare tactics.”
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