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Fast-forward to 2025 and Market Basket is doing very well. The company now has 90 stores and around 32,000 employees with annual revenue of nearly $8 billion—almost double its 2014 revenue.
NORTH ANDOVER — Perception will be everything, or at least key in an investigation commissioned by Market Basket’s board of directors into the conduct of the supermarket chain’s CEO, Arthur ...
On July 18, 2014, Market Basket employees protested at the company’s headquarters and staged walkouts after Arthur T. Demoulas’s cousin, Arthur S. Demoulas, fired Arthur T. Demoulas.
Suzanne Kreiter Good morning. I’m Shirley Leung, a Globe business columnist, guest-writing Starting Point to explain what makes the latest Market Basket family feud different than the last one.
On July 18, 2014, Market Basket employees protested at the company’s headquarters and staged walkouts after Arthur T. Demoulas’s cousin, Arthur S. Demoulas, fired Arthur T. Demoulas.
Two longtime Market Basket executives have said they expect to lose their jobs as part of a decision to put the company’s CEO on leave, according to published reports.
Two Market Basket executives who have been placed on leave denied accusations from the board that CEO Arthur T. Demoulas was trying to "hijack" the company.
Real estate has a place in the emerging clash between Market Basket’s board of directors and its CEO Arthur T. Demoulas. It’s food for thought for the supermarket employees who have enjoyed ...
Two longtime Market Basket executives who were placed on paid administrative leave by the grocery chain’s board of directors alongside CEO Arthur T. Demoulas called the board’s allegations ...
Another family feud has erupted at the region’s popular Market Basket supermarket chain. The chain’s board announced Wednesday that it had placed CEO Arthur T. Demoulas and several employees ...