Minimum wage hikes and online sales will boost Wal-Mart's top line, but they will kill neighborhood stores. At least the way American consumers knew them for decades: a place to browse new merchandise or simply a destination to escape the house routine on weekends and holidays.

Minimum wage hikes have a mixed impact on Wal-Mart, the company that is. On the one side, they help the top line, as they place more money into low-income customers who shop in its stores.

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