More than a year has passed since the conclusion of the labor strife that embroiled Southern California, but the fallout continues. The strike-lockout involving Safeway, Albertsons and Kroger gripped the region from mid-October 2003 to the end of February 2004. Now that annualized financial results from many companies are being issued, the huge distortions the event had on consumer spending are becoming evident. Let's take a look at it from the micro and the macro perspectives. First, the ...

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