News

Kroger May Face Strike in N.C.

BY CSA STAFF

Cincinnati, Kroger could see workers at its 19 stores in North Carolina walk off the job if contract negotiations don’t bear fruit soon, according to the Cincinnati Business Courier. The employees represented by the United Food and Commercial Workers Local 204 voted to authorize a strike in early August. The union’s contract with Kroger expired on July 20. Negotiations are continuing, with a major sticking point being Kroger’s proposal to have employees pay a portion of their health-insurance premiums. The union, which is seeking a wage increase, has not yet set a strike date.

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FINANCE

Stater Bros. Reports Sales Increases

BY CSA STAFF

Colton, Calif., Stater Bros. Holdings Inc. announced sales increased $45.5 million or 5.4% in the third quarter of its fiscal year, which ended June 25. Year-to-date sales were up $94.2 million or 3.7% over fiscal 2005 and totaled $2.62 billion compared to $2.52 billion for the same period in fiscal 2005. However, net income declined in the third quarter, from $7.3 million in 2005 to $5.7 million this year. Net income for the fiscal year-to-date periods amounted to $15.3 million in 2006 and $14.1 million in 2005.

Stater Bros. is the largest privately held supermarket chain in Southern California and operates 162 supermarkets.

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SUPPLY CHAIN

Tesco Adds Las Vegas to Expansion Itinerary

BY CSA STAFF

London, London’s financial news agency, AFX, reported Tesco is considering opening stores in Las Vegas. The British supermarket chain recently announced plans to open stores in Los Angeles and Phoenix. Reportedly, Tesco has registered its U.S. subsidiaries in Nevada and is considering the Las Vegas market for its Fresh & Easy mini supermarkets.

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