News

Demoulas Super Markets operates supermarkets and superstores throughout Massachusetts and New Hampshire under the names DeMoulas and Market Basket. Athansios "Arthur" Demoulas and his wife ...
Market Basket is set to open a nearly ... years ago when Athanasios and Efrosine Demoulas opened the first Demoulas Market in Lowell. After years of family legal battles, Arthur T.
A decades-long family dispute boiled over in 2014 when CEO Arthur T. Demoulas was fired by the Market Basket board controlled by his cousin, Arthur S. Demoulas. Market Basket posted a series of ...
After nearly six weeks, when sales at Market Basket’s stores fell by about 90 percent, the competing side of the Demoulas family agreed to sell their 50.5 percent share to Arthur T. and his sisters.
Demoulas be reinstalled following a family feud that ousted him from his position. Customers joined Market Basket employees in the impassioned demonstrations. Employees and customers hold a rally ...
The Demoulas family owns the supermarket chain Market Basket, which was founded in 1917. It has since grown to 90 stores across New England and is operated through their company Demoulas Super Markets ...
Eventually, they won. Demoulas raised $1.5 billion to purchase shares from the side of the family that had him fired. He is once again CEO. Korschun and co-author Grant Welker of The Lowell Sun ...
With Market Basket expected to finalize its sale of the company to Arthur T. Demoulas imminently ... “It’s nice to see that kind of family environment,” Mulno said. Jessica and Robert ...
Market Basket employees have been encouraging customers to boycott stores while they rally for the return of ousted CEO Arthur T. Demoulas for ... been about keeping a family-like culture in ...