retail news in context, analysis with attitude

• As expected, Los Angeles Mayor Eric Garcetti has signed the legislation raising the city's minimum wage eventually to $15 per hour. USA Today reports that "the first step comes in July, 2016, when the minimum wage becomes $10.50. Then, each following year, it will rise another another step -- $12, $13.50, $14.25 and then $15."

The story notes that "Los Angeles follows Seattle and San Francisco, among others, in raising the minimum wage. Last year, Chicago passed a phased-in minimum wage increase to $13 an hour. Depending on whether inflation kicks up, Los Angeles' law could be eclipsed by the state. California's Legislature is weighing a bill to raise the minimum wage to $13 in 2017 and step it up after that based on inflation."
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