'cept Walmart has been raising its corporate minimum wage. Then there's Costco that has always paid a wage about the prevailing for retail. No shortage of price-conscious customers at either.
Everyone was raising wages, so everyone’s prices also went up, and Walmart still likely has the best cheap:convenient ratio. Point is Walmart can’t choose to raise everyone’s wages 6%, unless everyone else does too, because the whole reason people go to Walmart is it’s the cheapest.
Costco targets people with more disposable income, so not exactly a comparable market.
