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2 California supermarkets closing after city orders pay hike
LONG BEACH, Calif. (AP) — Kroger Co. will close two Southern California supermarkets in...
www.sfgate.com
Long Beach mandated a $4 an hour increase as hazard pay for grocery store workers and Kroger's responded by shutting two stores down so far.
I'm putting this in Politics because, given the furor about a national 15/hr minimum wage, there's no way this won't intersect politically. According to the sources in-article, a $4 increase is 28%. That would mean they were averaging about 14/hr already and it would increase to 18/hr so not quite relevant to the national debate on a 15/hr minimum wage but still pointing to how wage increases can close low profit operations down.