Kroger Co. was downgraded to neutral from buy at Bank of America with analysts citing intensifying competition with other mass grocers. Bank of America moved its price objective to $40 from $42. Grocers have seen sales soar during the coronavirus pandemic as more customers, who are working, schooling and spending [...]
The Kroger Co.’s Dallas division and United Food and Commercial Workers (UFCW) Local 1000 have reached a new collective bargaining agreement. Kroger announced contract ratification late yesterday. The agreement with UFCW 1000 covers over 11,000 associates in the division, which is based in Coppell, Texas. UFCW 1000, whose members work [...]
The alert went out to Johann Baqueiro: A customer was sipping her Starbucks coffee inside the Ralphs supermarket and she wasn’t wearing a face mask. As a meat department manager, Baqueiro usually is focused on keeping customers happy with just the right cut for that night’s dinner. But the other [...]
The Kroger Co., Albertsons Cos. and Ahold Delhaize USA’s Stop & Shop have reached tentative agreements with United Food and Commercial Workers (UFCW) union locals to withdraw from the UFCW International Union-Industry Pension Fund. Plans call for the UFCW locals to transition to variable annuity-based pension plans from their current [...]
Kroger Co., Stop and Shop Supermarket Co. and Albertsons Cos. announced Tuesday that they have reached agreements to withdraw from the United Food and Commercial Workers International Union-Industry Pension Fund and contribute to a new variable annuity pension plan. The UFCW International Union-Industry Pension Fund, Mokena, Ill., had $6.1 billion [...]
New data released by the United Food and Commercial Workers Union shows that among the grocery store workers it represents, 10,000 have been infected by or are known to have been exposed to coronavirus and 68 have died from it. At least 3,257 have been infected with the virus, the [...]
A panel of leaders from across the food industry, including the CEOs of Hy-Vee, The Kroger Co., Smithfield and Tyson, along with other representatives of the U.S. farm industry, met with Vice President Mike Pence, U.S. Secretary of Agriculture Sonny Perdue and other elected officials in Iowa last week to deliver [...]
The Kroger Co. said it will evaluate changing conditions and employee needs after eight union locals called for the supermarket giant to further extend “hero bonuses” for frontline hourly workers amid the coronavirus crisis. United Food and Commercial Workers (UFCW) Locals 7, 21, 324, 367, 555, 770, 1439 and Teamsters [...]
Kroger, the largest U.S. grocery chain, has teamed up with the largest U.S. retail and food workers union in urging national and state officials to designate grocery employees as "extended first responders" or "emergency personnel." The goal is for grocery workers to get a higher priority for COVID-19 testing and [...]
Kroger is making changes in its stores, effective immediately, to help shoppers get the basics they need and prevent the spread of coronavirus. The company invited WCPO’s cameras into its Downtown Cincinnati store on Wednesday to show us the changes it is making throughout the chain. Spokeswoman Erin Rolfes said [...]