Arthur T. Demoulas

Talks Progressing
Talks Progressing
Talks Progressing
The governors of Massachusetts and New Hampshire are stepping up efforts to broker a deal to bring the Market Basket standoff to an end. Massachusetts Gov. Deval Patrick and New Hampshire Gov. Maggie Hassan actively participated in negotiations Sunday with feuding cousins Arthur T...
Patrick Steps In
Patrick Steps In
Patrick Steps In
Gov. Deval Patrick is urging Market Basket employees to go back to work while a deal to sell the chain is hammered out. Patrick told reporters Wednesday he's spoken to the chairman of the board and with ousted former CEO Arthur T. Demoulas...
Market Basket
Market Basket
Market Basket
The former CEO of the Market Basket supermarket chain who is attempting to regain control of the company from relatives says "onerous" terms are preventing him from buying a controlling share from those family members.
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
Patrick Offers To Help
Patrick Offers To Help
Patrick Offers To Help
Gov. Deval Patrick is urging Market Basket's board of directors to quickly resolve the question of leadership at the supermarket chain. In a letter to the board Friday, Patrick said he's not choosing sides, but that ``by any measure, the disruption that followed your recent change in CEO has gotten out of hand...
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...
Deadlock Continues
Deadlock Continues
Deadlock Continues
Executives at the troubled Market Basket supermarket chain in New England say they have heard from employees who are ``concerned for their safety'' in a dispute over the company's direction. In a statement Monday, co-CEOs Felicia Thornton and Jim Gooch say the employees are worried about attending a job fair that was set up to replace colleagues who walked off the job to protest the firing of the
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...

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