Food 4 Less and Unions Reach Tentative Agreement
LOS ANGELES, Aug. 26, 2014 /PRNewswire/ -- Food 4 Less/Foods Co stores, a division of The Kroger Co. (NYSE: KR), today announced that a tentative agreement has been reached with the seven southern California UFCW locals. The agreement is fully-recommended and covers more than 6,000 associates working at 100 Food 4 Less stores in southern California.
The new agreement includes wage increases, quality, affordable health care, and financial support from the company for employee pensions.
"We are pleased to reach an agreement that is good for our associates, who will continue to have a solid and competitive compensation package," said Bryan Kaltenbach, president of Food 4 Less/Foods Co. "We appreciate the service our associates provide our customers and company every day."
The UFCW locals will schedule voting meetings with their membership for ratification.
About Food 4 Less/Foods Co
Headquartered in Los Angeles, Food 4 Less/Foods Co operates 148 price-impact, warehouse-format supermarkets under the banners Food 4 Less in Southern California, Nevada, Illinois and Indiana, and Foods Co in Central and Northern California. Food 4 Less/Foods Co is a subsidiary of The Kroger Co., (NYSE: KR), one of the world's largest retailers, headquartered in Cincinnati, Ohio. For more information about Food 4 Less/Foods Co, please visit our website at www.food4less.com.
SOURCE The Kroger Co.