Amid strike preparations, grocer Raley's tells workers it's losing millions
California grocery chain Raley's has told workers that it needs wage concessions from them to remain open. The workers say that they have not been allowed to see detailed records, and are not convinced that the store is in trouble. Experts say that it is possible that the stores are losing money given the increase in competitors like Wal-Mart. The workers and Raley's have been negotiating for over a year, and the company says that it will implement its last offer on Thursday. Union members voted last spring to approve a strike, and many think that a walkout is likely. It is unclear how many stores the company could keep open during a strike, and for how long. The union says that if it is convinced of the company's need they are willing to make concessions.
See "Amid strike preparations, grocer Raley's tells workers it's losing millions", Dale Kasler, The Sacramento Bee, October 29, 2012