Saturday, August 25, 2012

Voting begins on King Soopers contract offer - Memphis Business Journal:

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Voting on the five-year offer by memberse of United Food and Commercial Workers Local 7 will continurethrough Wednesday. Union leaders are not makinbg a recommendation to their members on thecontract offer, which the union complains would cut pension benefitx by an average of $100,000 -- a conclusiob disputed by management. “It’s a good contracg in a normal economy. It’s a grea contract in this economy,” King Soopers spokeswomanm Diane Mulligan said last She said roughly 65 percent of workers woule get raises underthe company’s proposal. King Sooperd is a Colorado unitof Cincinnati-baserd (NYSE: KR).
Colorado workerds for two other grocerychains — Pleasanton, Calif.-basedd (NYSE: SWY) and Boise, Idaho-based (privately — continue to negotiate separate deals with their If King Soopers workers reject the chain’s latest proposal, they will continue working without a contracr until an agreement is reached or a strike is Their contract expired May 9.

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