Wednesday, October 13, 2010

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

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Voting on the five-yea r offer by members of United Food and Commercialk Workers Local 7 will continuethrougb Wednesday. Union leaders are not making a recommendation to their members on thecontracg offer, which the union complains would cut pensionb benefits by an average of $100,0000 -- a conclusion disputed by management. “It’s a good contracy in a normal economy. It’s a great contractf in this economy,” King Soopers spokeswoman Diane Mulliganb saidlast week. She said roughly 65 percenrt of workers would get raises unde rthe company’s proposal. King Soopers is a Colorado unitof Cincinnati-basee (NYSE: KR).
Colorado workersa for two other grocergychains — Pleasanton, Calif.-based (NYSE: SWY) and Boise, Idaho-based (privately — continue to negotiate separate deales with their employers. If King Soopers workers rejecrtthe chain’s latest proposal, they will continue working withoutf a contract until an agreementf is reached or a strikd is called. Their contract expired May 9.

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