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The sole ally on Market Basket’s board to sidelined chief executive Arthur T. Demoulas is fighting back. A few weeks after the other three board members of the 90-store supermarket chain put the ...
Market Basket is a New England chain of supermarkets popular for low prices and great customer service. In 2014, the chain’s 25,000 employees went on strike and customers boycotted its stores ...
NORTH ANDOVER — Perception will be everything, or at least key in an investigation commissioned by Market Basket’s board of conduct by the supermarket chain’s CEO, Arthur T. Demoulas.
Last week, Market Basket CEO Arthur T. Demoulas was put on administrative leave in the latest update to the family-owned grocery store franchise’s decades-long power struggle. The Executive ...
On Wednesday, Market Basket CEO Arthur T. Demoulas was put on administrative leave in the latest update to the family-owned grocery store franchise’s decades-long power struggle. On July 18 ...
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 ...
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.
Here's what we know about the fight between Market Basket CEO Arthur T. Demoulas and the board of directors so far.
Market Basket’s board has hired an independent law firm to investigate whether the six employees were planning a work stoppage due to a disagreement with the board.
The Market Basket headquarters at 875 East St., Tewksbury, on May 29, 2025. The grocery store chain's board of directors announced CEO Arthur T. Demoulas was placed on paid administrative leave ...
A Market Basket board member revealed information on his time with the company after the beloved grocery chain's Board of Directors placed its CEO, Arthur T. Demoulas, on paid administrative leave.
As Market Basket navigates this governance crisis, it underscores the need for family businesses to balance family interests with robust corporate governance to ensure long-term stability and success.