KROGER BUDGETS $116M FOR PAYOUT

CINCINNATI -- Kroger here said last week it will pay approximately $116 million on a pretax basis for the fiscal year ended Jan. 31 to Safeway and Albertsons to compensate them for losses during the 20-week strike-lockout in Southern California that ended in early March.ing to Kroger's 10-K filing with the Securities and Exchange Commission last week, its payout is the result of an agreement among

CINCINNATI -- Kroger here said last week it will pay approximately $116 million on a pretax basis for the fiscal year ended Jan. 31 to Safeway and Albertsons to compensate them for losses during the 20-week strike-lockout in Southern California that ended in early March.

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