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Stock impact report

Grocery strike rocked Southern California 16 years ago. It may happen again soon [Los Angeles Times (CA)]

Grocery Outlet Holding Corp. (GO) 
Last grocery outlet holding corp. earnings: 3/24 04:05 pm Check Earnings Report
Grocery strike rocked Southern California 16 years ago. It may happen again soon Nearly 16 years ago, the largest and longest supermarket strike in U.S. history reshaped the Southern California grocery industry. Tens of thousands of workers at Albertsons, Vons, Pavilions and Ralphs stores spanning from San Diego to San Luis Obispo went on strike or were locked out, starting in October 2003 and lasting more than four months . Grocery shoppers had to choose whether to walk past workers picketing in the cold. Those who did found shelves often half-empty as they sought groceries for Thanksgiving, then Christmas. Others looked elsewhere, flocking to Trader Joe’s or Costco — and forming new shopping habits that boosted those chains' fortunes. During the strike, the chains in the labor dispute lost a combined $1.5 billion in sales . And now it might happen again. Early next week, members of the United Food and Commercial Workers union in Southern and Central California plan to vote on whethe Show less Read more
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