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Ohio Union Backs Kroger Deal

The agreement covers 4,200 Kroger associates and will expire in June 2009.
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Kroger

(KR) - Get Kroger Co. Report

said members of the United Food & Commercial Workers Union Local 1099 in Dayton, Ohio, have ratified a new 42-month contract.

The agreement covers 4,200 Kroger associates and will expire in June 2009.

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"By working together, Kroger and the UFCW were able to craft an agreement that provides excellent wages and benefits -- including affordable health care -- in a way that will enable Kroger to maintain or improve its competitiveness with other retailers in the market," said Geoffrey Covert, president of Kroger's Cincinnati/Dayton division.

On Tuesday, Kroger shares slipped a nickel to $19.31.