The District of Columbia passes a bill requiring large retailers like Wal-Mart (WMT) to pay...

|About: Wal-Mart Stores, Inc. (WMT)|By:, SA News Editor

The District of Columbia passes a bill requiring large retailers like Wal-Mart (WMT) to pay employees $12.50 per hour, compared to the minimum wage of $8.25 in Washington. The battle is nothing new for Wal-Mart which has defeated similar measures in other large cities as it continues its strategic move into metropolitan areas.