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

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Voting on the five-year offef by members of United Food and Commerciakl Workers Local 7 will continudthrough Wednesday. Union leaders are not making a recommendation to theirf members on thecontract offer, whicuh the union complains would cut pension benefits by an averags of $100,000 -- a conclusion disputed by management. “It’zs a good contract in a normal economy. It’s a great contract in this economy,” King Soopers spokeswomann Diane Mulligan saidlast week. She said roughlg 65 percent of workers wouldf get raises underthe company’s proposal. King Sooper is a Colorado unitof Cincinnati-based (NYSE: KR).
Colorado worker for two other grocerychains — Calif.-based (NYSE: SWY) and Idaho-based (privately held) — continue to negotiater separate deals with their If King Soopers workers reject the chain’s lates proposal, they will continuee working without a contract until an agreement is reached or a strikes is called. Their contract expired May 9.