WASHINGTON -- A Washington, D.C., neighborhood is up in arms about an incoming Walmart store. In Southeast D.C., residents and business owners are urging compromise with the retail giant, including Carl Williams, the owner of a barber shop across the street from the planned Walmart site.
"Compromise," Williams said, urging Walmart to meet the wage demands of city council members halfway, "Do $9, $9.50, or something."
The D.C. city council recently approved a law that calls for Walmart to pay what they call a living wage or $12.50 an hour, $4.25 more than the city's $8.25 required minimum wage.
City councilman Vincent Orange says Walmart's balance sheet can surely absorb the difference.
"Their CEO makes $11,000 an hour. I know he's not going to come to work for $8.25 per hour."
Washington leaders believe they are negotiating from a position of strength. CBS News' Jeff Pegues reports they maintain if Walmart moves on, another so-called "big box" retailer will fill the void.
However, Walmart has faced similar challenges in other cities and has triumphed. Seven years ago, Chicago's former mayor Richard Daley, vetoed a similar wage ordinance and allowed Walmart to open a store within city limits.
Today, Walmart says the company just successfully opened its ninth store in Chicago and employs 2,000 people at just above the Illinois state minimum wage.
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