Market Basket

Directors Have Plan
Directors Have Plan
Directors Have Plan
Three members of Market Basket's board of directors say they have proposed a plan to get the beleaguered supermarket chain back to normal operations as its fired CEO Arthur T. Demoulas pursues buying controlling interest. But late Friday, Arthur T...
Marketing Professor: Market Basket “A Great Lesson” for Family-Owned Businesses
Marketing Professor: Market Basket “A Great Lesson” for Family-Owned Businesses
Marketing Professor: Market Basket “A Great Lesson” for Family-Owned Businesses
Keene State College assistant professor of management Dr. Emily Porschitz chimed in on the Market Basket situation. Dr. Porschitz focuses on family-owned businesses, and said this is a "great lesson" for other such companies. In addition, she spoke about what type of challenges the part-time workers, who are being told there is no work for them this week, will face going forward... Read
Market Basket Cuts Part-Time Hours
Market Basket Cuts Part-Time Hours
Market Basket Cuts Part-Time Hours
Part-time workers at the Market Basket supermarket chain have been told they will no longer be on the schedule, as of Sunday. Store shelves have been empty and customers staying away due to a protest from workers. The company released a statement saying store directors are responsible for determining appropriate staffing levels, and the company did not want to lay anyone off...
Ousted Market Basket CEO Offers To Return To Work
Ousted Market Basket CEO Offers To Return To Work
Ousted Market Basket CEO Offers To Return To Work
The fired chief executive of the beleaguered Market Basket supermarket chain is offering to return as negotiations continue over his offer to buy the company. The offer from Arthur T. Demoulas comes as employees who walked off their jobs to support him face a deadline Monday to return to work or risk being replaced...
Stalemate Continues
Stalemate Continues
Stalemate Continues
Market Basket executives are gearing up to hire new employees. Ads were placed in Boston area newspapers on Thursday, advertising a future job fair. Company executives say employees must return to their jobs by Monday, or face being let go...
Employees Deadline Set
Employees Deadline Set
Employees Deadline Set
The chief executives of the Market Basket supermarkets say employees who have stayed off the job to demand the return of fired CEO Arthur T. Demoulas must return to work by Monday. The statement Wednesday said the workers can return without penalty...
Market Basket Managers Turn Up Heat On Chain
Market Basket Managers Turn Up Heat On Chain
Market Basket Managers Turn Up Heat On Chain
Managers of Market Basket supermarkets are repeating their threat to quit if ousted CEO Arthur T. Demoulas is not reinstated. A petition signed by managers and assistant managers of 68 of the 71 New England stores warns that they will immediately resign if Demoulas is not restored ``with full authority...
Market Basket's Future?
Market Basket's Future?
Market Basket's Future?
The Market Basket board says it is continuing to evaluate several offers to buy the embattled supermarket chain among other ``strategic alternatives.'' The statement Tuesday said it is considering an offer last week from ousted CEO Arthur T...
Farmers Struggle
Farmers Struggle
Farmers Struggle
The family feud that has led to empty shelves at the Market Basket stores is having an impact on local farmers who normally supply produce to the regional supermarket.
Market Basket Board Says Will 'Seriously Consider' Selling to 'Artie T.'
Market Basket Board Says Will 'Seriously Consider' Selling to 'Artie T.'
Market Basket Board Says Will 'Seriously Consider' Selling to 'Artie T.'
Board members of the beleaguered Market Basket grocery store chain say they will ``seriously consider'' a proposal from its fired chief executive to buy the company as the chain faces a workers' revolt that has paralyzed its stores. The board issued a statement Friday after meeting to discuss the company's future as thousands of employees protested the firing of a popular chief executive, Arthur T

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