Labor union the International Brotherhood of Teamsters and retail chain Costco have yet to finalize employee contracts, with the union demanding a “record-breaking” deal.
“The Costco Teamsters National Negotiating Committee has concluded its second week of contract negotiations with Costco, but progress remains stalled,” said a Dec. 20 statement from the union. The company rejected the union’s proposal and didn’t come up with an alternative offer, according to the union.