WASHINGTON, D.C. (November 2, 2022) – Today, the United Food & Commercial Workers (UFCW) Local 400 union, which represents more than 20,000 workers at Safeway and Kroger stores in the Mid-Atlantic region, released the following statement regarding DC Attorney General Karl Racine’s federal lawsuit seeking to block Albertsons from issuing an exorbitant $4 billion special dividend payment.
Mark Federici, President of UFCW Local 400, released the following statement:
“As the union of grocery workers in the District of Columbia and beyond, we applaud Attorney General Karl Racine for taking action to halt the brazen attempt to loot Albertsons through an unprecedented special dividend payment. If allowed to occur, this payout will leave Albertsons largely depleted of liquid assets and put the livelihoods of countless grocery workers in jeopardy. Instead of using their increased profits on exorbitant executive compensation packages and enriching Wall Street investors, Albertsons should invest in the essential workers who make the grocery company successful in the first place – the same workers who risked their lives to keep food on America’s tables throughout the pandemic.”
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United Food & Commercial Workers Local 400 is led by President Mark Federici and represents 35,000 members working in the grocery, retail, health care, food processing, service and other industries in Maryland, Virginia, Washington, D.C., West Virginia, Ohio, Kentucky and Tennessee. www.ufcw400.org