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The Washington Post reports that Giant Food and Safeway have reached an agreement with the United Food and Commercial Workers (UFCW) on a new contract covering Washington, DC, area stores to replace the one that expired over the weekend.

Terms of the agreement were not released, but health care, benefits and wages were at the heart of the negotiations. Unionized employees are scheduled to vote on the new contract offer tomorrow, and approval is expected.

KC's View:
It is beyond me why so often management and labor walk to the precipice, only to find common ground at the last minute. But if it works, it works.