Raley’s on Verge of Strike

Associates at West Sacramento, Calif.-based Raley’s appeared to be poised for a strike this week amid management’s announcement that 40 of the chain’s 130 stores are losing up to $2 million each annually, the Modesto Bee reported.

Meanwhile, union leaders are reportedly not convinced of the company’s dire straits as the privately held chain has refused their demand to inspect its financial records.

Some observers say a strike could be catastrophic for Raley’s, which has never had a strike in its 77-year history.

Raley’s had not responded to PG’s request for comment at post time. Read the full Bee article for more details.