Pension plan triggers loss for Fred Meyer parent company

Pension plan triggers loss for Fred Meyer parent company

The Kroger Co lost $306. 9 million over past three months, despite boost in sales.

The pension-related costs had been announced in December, when the company said that four of the union pension funds to which it contributes were merging into a new fund as of the start of this year. Kroger contributed $650 million to the new fund in January as part of the agreement.

Read more at Oregonlive.