Stop & Shop Losing Big Money In Long Strike

The strike by Stop and Shop supermarket workers earlier this year was costly for the company.

Stop and Shop's European parent company says the labor action cost it 345-million-dollars, making a dent in overall second quarter sales.

The financial impact of the strike appears to be gone, as the company expects it to have no impact on third quarter revenues.

More than 30 thousand Stop and Shop workers in New England walked off the job for eleven days in April before an agreement was reached.

The latest survey suggests that some longtime customers decided to take their shopping lists to other stores.


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