King Soopers Workers Reject Latest Contract Offer

The union says grocery chains are pushing for concessions despite profits, as people eat out less and buy food to cook at home.

King Soopers contends it faces competitive pressure from non-union or low-cost chains like Wal-Mart, plus rising health care costs and the effect of the economy on the value of pension funds.

In discussing financial results for the first quarter, Supervalu Inc., which operates Albertsons, and Safeway executives have said they are feeling effects of the tough economy as shoppers hunt for deals.