WEST SACRAMENTO, Calif. (AP) - A major Northern California grocery chain facing a possible strike says it is losing millions of dollars a year and needs wage concessions from workers.
The Sacramento Bee reports (http://sacb.ee/StViah) that Raley's Chief Executive Michael Teel made the disclosure to employees in a recent memo.
Raley's is trying to head off the first strike in its 77-year history after saying last week that it would implement the terms of its final offer to workers this Thursday.
That offer includes a two-year wage freeze and the elimination of premium pay for Sunday shifts.
Union officials say Raley's has not agreed to a full audit of its finances, failing to make the case for the concessions.
Raley's operates 128 stores in California and Northern Nevada.
Copyright 2013 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
