US: Grocers set to claim deal in California contract talks
The companies have received an indication that employees have approved a new four-year deal, although they are awaiting official confirmation from the unions.
The deal covers more than 65,000 employees, who work at nearly 800 Vons, Ralphs and Albertsons stores throughout southern California.
"This new agreement will provide employees with the best wages, benefits and working conditions in the Southern California retail market," said Safeway chairman, president and CEO Steve Burd.
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Retailers from China and Russia have joined the world's 250 largest retailers for the first time, according to a report by Deloitte Touche....
Supervalu, one of the largest grocers in the US, has named ex-General Mills executive John Hanlin to the new position of vice president of food and safety....
US grocery giant Kroger has raised its earnings guidance amid improving operating margins....
US retailer Supervalu has announced a higher quarterly profit of $141m today (8 January), an increase of 25% on the year, helped by lower employee-related costs and other expenses....
Former Tesco and Safeway executive Jack Sinclair today (7 January) begins a new role at US retail giant Wal-Mart....
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