Tentative agreement reached between Stop & Shop, Teamsters union
· 20h
Stop & Shop and Teamsters reach tentative agreement on new contract, officials say
MASSACHUSETTS TEAMSTERS SECURE TENTATIVE AGREEMENT WITH STOP & SHOP
After a credible strike threat, Teamsters Local 25 has reached a tentative six-year agreement covering more than 900 workers at Stop & Shop's Freetown distribution center. The agreement guarantees the facility remains open,
Three state treasurers warn Stop & Shop
The proposed six-year contract will keep the Freetown facility open, saving the jobs of 900 employees at the distribution center.
Stop & Shop — owned by the Netherlands-based Ahold Delhaize USA (OTCMKTS: ADRNY) — maintains that it has put a "fair labor savings goal" on the table that combines a "competitive healthcare plan" with a 25% increase in wages over five years.
Connecticut, Massachusetts, and Rhode Island treasurers urge Stop & Shop to negotiate with Teamsters Local 25 to avoid potential picketing.
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