City Market outlets have decided to go on a three-week strike, after they rejected the company’s latest wage increase offer. Shares fell 3.2% briefly on the news and ended the day down 1.2% at $47.14 on January 12. Over the past year, KR shares have gained around 45%. Kroger’s Last, Best, and Final Offer On January 11, Kroger handed out what it called the “Last, Best, and Final Offer” to the UFCW Local 7 Union.
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Kroger (NYSE:KR)
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