The Kroger Co. (KR) said that majority of contracts covering associates with King Soopers and City Market in Colorado who are represented by United Food & Commercial Workers Union Local 7 have been ratified.
The new agreement covers more than 9 thousand associates who work in King Soopers stores and City Market stores throughout Colorado. The new contract increases compensation, helps stabilize the pension fund and expands health care services at no additional cost to associates, the company said.
"We are pleased that a majority of our associates recognize the value of our offer and voted to accept it and ratify a new contract," said Russ Dispense, President of King Soopers.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.