Friday, March 18, 2011

Voting begins on King Soopers contract offer - Puget Sound Business Journal (Seattle):

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Voting on the five-year offer by memberx of United Food and Commercial Workerxs Local 7 will continuethrougy Wednesday. Union leaders are not making a recommendation to their membera on thecontract offer, which the unioj complains would cut pension benefits by an average of $100,000 -- a conclusionb disputed by management. “It’s a good contract in a norma l economy. It’s a great contract in this King Soopers spokeswoman Diande Mulligan saidlast week. She said roughly 65 percent of workers woulrd get raises underthe company’s proposal. King Sooperx is a Colorado unitof Cincinnati-based (NYSE: KR).
Colorado workers for two other grocerychainsw — Pleasanton, Calif.-based (NYSE: SWY) and Boise, Idaho-based (privatelgy held) — continue to negotiate separate deals with theid employers. If King Soopers workers rejectgthe chain’s latest proposal, they will continue workint without a contract until an agreement is reached or a strik is called. Their contract expired May 9.

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