USA: Both sides stand firm in supermarket strike
The United Food and Commercial Workers Union (UFCW), which represents around 70,000 southern California grocery workers, has vowed not to give in to employer demands over health care contributions.
The workers are on strike over employers' plans to make staff contribute towards rising health care costs. The strike is in its second week and, so far, there are no talks scheduled between the union and grocery retailers Kroger, Albertsons and Safeway, reported Reuters.
"The union remains ready and available to talk any time to employers about costs containment and cost savings, but workers are not going to give up their health care," UFCW spokesman Greg Denier told Reuters.
US supermarket chain Albertsons has reported a slight rise in net earnings for the second quarter to 4 August and said it was still "aggressively" running the company despite last week's announcement ...
Grocery retailer Albertsons has announced that its board of directors is exploring strategic alternatives to increase shareholder value, including a possible sale of the company....
UK grocery retailer Wm Morrison Supermarkets has announced that it has agreed to sell nine Safeway stores to rival Sainsbury's....
US grocery retailer Kroger has announced that it has entered into a multi-year agreement with InStore Broadcasting Network (IBN) to provide a television network for customers in more than 2,500 Kroger...
Supermarket chain Safeway has reported net income of $134.0m for the second quarter ended 18 June 2005 compared to $155.2m for the second quarter of the previous year....
Supermarket company Kroger has today reported net earnings of $294.3m for the first quarter ended 21 May 2005. Net earnings in the year-ago period were $262.8m....
Supermarket chain Safeway has reported net income of $131.3mfor the first quarter ended 26 March 2005 compared to $43.1m for the first quarter of 2004....
US natural and organic foods retailer Wild Oats Markets has announced that Robert Dimond has been named senior vice president and chief financial officer, effective 28 April....
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