Delaware State News: Business owners, leaders expect payoff with wage increase
By Olivia Montes
Delaware State News, July 12, 2021
Upon hearing that state lawmakers had passed an increase to the minimum wage June 17, Ryan Peters, co-owner of RISE Fitness+Adventure in Rehoboth Beach, was delighted.
At the same time, local business leaders are thrilled that more money is moving into the wallets of employees and hoping they spend big at area companies, bolstering bonds between shops and consumers.
Mr. Peters — whose gym has been paying its staff above minimum wage... [said]
“Ultimately, these people need more discretionary income, … (and they) don’t necessarily need to...