Kroger Ratifies Agreement with UFCW Local 700

INDIANAPOLIS, June 10, 2013 /PRNewswire/ -- The Kroger Co. (NYSE: KR) Central Division associates working at Kroger stores in the Indianapolis area have ratified a new labor agreement with UFCW Local 700.

"We are pleased to reach an agreement that is good for our associates and provides wage increases, affordable health care and a stable pension fund to support their retirement," said Jeff Burt, president of Kroger's Central Division. "This agreement comes after thoughtful, respectful and productive work by both the company and union bargaining committees. I want to thank our associates for supporting this agreement and for the excellent service they provide to our customers every day."

The contract covers more than 5,800 associates working in 61 stores in the Indianapolis area and other communities, including Bloomington, Columbus, Kokomo, Richmond and New Castle. 

Kroger, one of the world's largest retailers, employs 343,000 associates who serve customers in 2,424 supermarkets and multi-department stores in 31 states under two dozen local banner names including Kroger, City Market, Dillons, Jay C, Food 4 Less, Fred Meyer, Fry's, King Soopers, QFC, Ralphs and Smith's. The company also operates 786 convenience stores, 328 fine jewelry stores, 1,169 supermarket fuel centers and 37 food processing plants in the U.S. Recognized by Forbes as the most generous company in America, Kroger supports hunger relief, breast cancer awareness, the military and their families, and more than 30,000 schools and grassroots organizations. Kroger contributes food and funds equal to 160 million meals a year through more than 80 Feeding America food bank partners. A leader in supplier diversity, Kroger is a proud member of the Billion Dollar Roundtable and the U.S. Hispanic Chamber's Million Dollar Club.

SOURCE The Kroger Co.