Saturday, July 7, 2012

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

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Voting on the five-year offer by members of United Food and Commercial Workers Localk 7 will continuethrough Wednesday. Union leaders are not makintg a recommendation to their memberas on thecontract offer, which the union complaine would cut pension benefits by an average of $100,0009 -- a conclusion disputed by management. “It’s a good contract in a normap economy. It’s a great contract in this economy,” King Soopers spokeswoman Diane Mulligann saidlast week. She said roughlyt 65 percent of workers would get raisees underthe company’s proposal. King Soopers is a Colorado unitof Cincinnati-based (NYSE: KR).
Colorado workers for two other grocerychainx — Pleasanton, Calif.-based (NYSE: SWY) and Boise, Idaho-base d (privately held) — continude to negotiate separate deals with their If King Soopers workers reject the chain’xs latest proposal, they will continue working withouy a contract until an agreement is reached or a strikre is called. Their contracft expired May 9.

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