June 24, 2014

Gap Inc. has reportedly experienced a 10% increase in job applications since its February announcement that it would raise its minimum wage for employees to $10 per hour by 2015.

June 20, 2014

The Massachusetts House of Representatives has approved a bill that would gradually raise the state’s minimum wage from its current hourly rate of $8 to $11 by 2017, which would make it the highest state minimum wage in the country.

June 13, 2014

A joint committee of the Massachusetts state House of Representatives and Senate has filed a bill to gradually raise the state’s minimum wage from its current hourly rate of $8 to $11.

June 13, 2014

A joint committee of the Massachusetts state House of Representatives and Senate has filed a bill to gradually raise the state’s minimum wage from its current hourly rate of $8 to $11.

June 3, 2014

The Seattle City Council on Monday unanimously voted to raise the minimum wage in the city to $15 an hour, making it the highest municipal minimum wage in the country.

May 13, 2014

The Vermont state legislature has voted to raise the minimum wage in the state from $8.73 an hour to $10.50 an hour.

May 2, 2014

Seattle Mayor Ed Murray unveiled a plan to increase the city’s minimum wage to $15.

May 1, 2014

A bid to raise the federal minimum wage was rejected by Republicans in the Senate, who blocked legislation Wednesday to boost the rate to $10.10 an hour.

April 2, 2014

The National Retail Federation (NRF) has publicly called Senate legislation aimed at increasing the federal minimum wage by 40% an anti-job tax that would lead to higher labor costs for employers and fewer opportunities for young and entry-level workers.

March 27, 2014

Consumer spending growth of 3.3% in the fourth quarter of 2013 helped drive a 2.6% increase in the U.S. gross domestic product (GDP).

February 20, 2014

Gap Inc. will raise the minimum hourly wage for all U.S. employees to $9 in 2014, and then raise it again, to $10, in 2015.

January 30, 2014

President Obama in his State of the Union address last night said he plans to sign an executive order increasing the federal minimum wage from $7.25 to $10.10 per hour for workers on new government contracts and asked Congress to approve the same increase for all workers — and the National Retail Federation is not happy.

December 18, 2013

The Washington, D.C., city council has reportedly unanimously approved an increase in the city’s minimum wage to $11.50 per hour in 2016, up from the current hourly rate of $8.25.

October 22, 2013

I’ve tapped Dave Cheatham from Phoenix-based Velocity Retail Group, an X Team International Partner, to help me examine the recent ups and downs of the local retail market in Arizona — and what the lessons learned here mean for brick and mortar retailers nationwide.

October 21, 2013

Owners of garment factories in Bangladesh are reportedly prepared to raise the minimum wage they pay workers from 50%-80% and ask retailers to pay at least some of the extra cost.

September 26, 2013

Governor Jerry Brown of California signed a bill approving a $2 hike in the state’s minimum wage, with the increase to be rolled out during the next three years.

September 18, 2013

The D.C. Council failed on Tuesday to overturn Mayor Vincent Gray’s veto of the proposed “living wage” bill.

September 13, 2013

In the final hours of its 2013 regular session, the legislature in California voted to approve a bill that would raise the minimum wage from $8 an hour to $10 an hour within three years.

July 19, 2013

U.S. consumers are positioned to spend more in the coming months based on several favorable economic indicators seen in June.

February 15, 2013

Bad feelings about the global economy persist, with more than half of consumers around the world say the world is in an economic recession, according to a new study by Nielsen.

February 12, 2013

A report released by First Data Corp. found that dollar volume growth rebounded in January, improving to 6.2% versus 4% in December despite the payroll tax increase.

December 13, 2012

After nearly a year of steady gains, the Deloitte Consumer Spending Index (Index) fell in November due to a slowdown in the rise of new home prices and an accelerating decline in real wages.

November 27, 2012

By Phillip M. Perry

Overcast with clearing skies — That’s the economic forecast from a major research firm as retailers enter a new year. Drizzly conditions will remain at least for the first half of 2013 as consumers hold tight to their pocketbooks. By the summer, though, light should break through the clouds as the resolutions of critical national uncertainties encourage corporate hiring, capital investment and consumer spending.

October 15, 2012

Deloitte’s Consumer Spending Index rose in September, aided by a near 11% gain in home prices.