Kroger settles, reopens stores.
The approved settlement between the company and several United Food and Commercial Workers locals called for 5- to 13-percent pay cuts as well as cuts in paid vacation and sick leave days.
So far this year, Kroger had closed about 90 stores in Louisiana, Illinois, Ohio, and Pennsylvania, and compensation reduction negotiations were underway in Central Indiana. Kroger's 1983 profit fell 12 percent, to $126 million, and the company dropped to number 2 in sales, behind Safeway Stores, even though its sales rose to $15 billion, from $12 billion.
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|Publication:||Monthly Labor Review|
|Date:||Oct 1, 1984|
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