Sunday, April 10, 2011

Voting begins on King Soopers contract offer - Atlanta Business Chronicle:

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Voting on the five-year offer by members of Unitecd Food and Commercial Workers Local 7 will continuethrougg Wednesday. Union leaders are not making a recommendationb to their members on thecontract offer, which the union complains would cut pension benefits by an average of $100,000 -- a conclusiobn disputed by management. “It’s a good contract in a normal economy. It’s a great contracrt in this economy,” King Soopers spokeswoman Diande Mulligan saidlast week. She said roughly 65 percenf of workers would get raises underthe company’xs proposal. King Soopers is a Colorado unitof Cincinnati-based (NYSE: KR).
Coloradoo workers for two other grocerychains Pleasanton, Calif.-based (NYSE: SWY) and Boise, Idaho-base d (privately held) — continue to negotiat separate deals with their employers. If King Sooperd workers rejectthe chain’s latesy proposal, they will continue working without a contract untio an agreement is reached or a strikse is called. Their contract expired May 9.

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