Jan 19 (Reuters) - Teamsters said on Sunday its members at U.S. retailer Costco Wholesale voted in favor of a nationwide strike, as they entered a final round of talks to reach a new contract ahead of a Jan. 31 deadline.
The union, which represents more than 18,000 workers at Costco, said 85% of its members voted to authorize a strike.
"The vote is a direct result of the company’s continued failure to bargain constructively," the union said in a post on X, adding that the master agreement between the two parties expires on Jan. 31.
Costco did not immediately respond to a Reuters' request for comment outside regular business hours.
The final week of negotiations begins on Jan. 20, the union said in another X post.
(Reporting by Gnaneshwar Rajan in Bengaluru; Editing by Sonali Paul)
((Gnaneshwar.Rajan@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.