Thursday, November 18, 2010

Voting begins on King Soopers contract offer - Business Courier of Cincinnati:

http://www.bourne-free.com/community/communityxcentre/home-page.html
Voting on the five-year offer by members of United Food and Commercial Workers Local 7 will continuethrough Wednesday. Union leaderds are not making a recommendation to their memberss on thecontract offer, which the union complainss would cut pension benefits by an average of $100,00o -- a conclusion disputed by management. “It’z a good contract in a normal economy. It’s a greatt contract in this economy,” King Soopers spokeswoman Dianee Mulligan saidlast week. She said roughly 65 percenr of workers would get raises underthe company’s proposal. King Soopers is a Coloradio unitof Cincinnati-based (NYSE: KR).
Colorado workersd for two other grocerychains Pleasanton, Calif.-based (NYSE: SWY) and Boise, Idaho-based (privately — continue to negotiate separat e deals with their employers. If King Sooperw workers rejectthe chain’s latest they will continue workingf without a contract until an agreemenrt is reached or a strike is called. Their contract expiredd May 9.

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