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Both families came to America with little economic means and great hopes in the “land of opportunity.” Both families learned ...
Two former top executives at Market Basket and allies of CEO Arthur T. Demoulas spoke out on July 23 about their recent ...
1975: The Demoulas family opened its first “Market Basket” store in Salem, New Hampshire, thus the chain as we know it today was born.
Joe Schmidt, Market Basket’s suspended director of operations, spoke on the radio to do "the right thing." He was fired hours later.
Market Basket operates 71 stores in Massachusetts, New Hampshire and Maine. The family-owned chain has been plagued by infighting for decades featuring Demoulas and his cousin, Arthur S. Demoulas.
The saga of the Demoulas family and their “Market Basket” supermarket chain may sometimes read like a soap opera, but it’s really more of a drama from Classical antiquity, complete with ...
Arthur T.’s side of the Demoulas family, which previously held 49.5 percent of the company, is acquiring the remainder from the side of the family led by his cousin and long-time rival, Arthur S ...
Members of the divided Demoulas family, whose bitter battle for control of the Market Basket empire clogged courtrooms in the 1990s and beyond, are acting out a civil litigation sequel that has ...
Arthur T. Demoulas, victorious, arrives at Market Basket headquarters in Tewksbury on Aug. 28, 2014, one day after his side of the family bought out Arthur S. Demoulas and his side of the family.
But Demoulas is in charge of day-to-day operations. Employees said they were glad things might start getting back to normal. "It's like Christmas Eve," said produce manager Dave Mansur.