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Unions, A&P Nearing Deal

MONTVALE, N.J. — Labor unions representing workers at A&P are moving closer to a settlement with the retailer

Jon Springer, Executive Editor

November 17, 2011

1 Min Read
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JON SPRINGER

MONTVALE, N.J. — Labor unions representing workers at A&P are moving closer to a settlement with the retailer. Locals of the United Food and Commercial Workers this week said they would vote on a proposed labor deal between Nov. 27 and Nov. 29.

A new labor deal — or a renegotiation of current contracts — is crucial to the proposed $490 million offer to take A&P out of bankruptcy early next year. Around 92% of A&P’s employees are represented by one of 34 collective bargaining agreements.

Sources said the company was seeking $125 million in annual cost savings from labor. As previously reported in SN, unions were to have submitted confidential proposed settlements to the bankruptcy court this week.

About the Author

Jon Springer

Executive Editor

Jon Springer is executive editor of Winsight Grocery Business with responsibility for leading its digital news team. Jon has more than 20 years of experience covering consumer business and retail in New York, including more than 14 years at the Retail/Financial desk at Supermarket News. His previous experience includes covering consumer markets for KPMG’s Insiders; the U.S. beverage industry for Beverage Spectrum; and he was a Senior Editor covering commercial real estate and retail for the International Council of Shopping Centers. Jon began his career as a sports reporter and features editor for the Cecil Whig, a daily newspaper in Elkton, Md. Jon is also the author of two books on baseball. He has a Bachelor of Arts degree in English-Journalism from the University of Delaware. He lives in Brooklyn, N.Y. with his family.

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