News

Market Basket executives placed on leave speak out 02:17. Market Basket employees, including two executives put on paid leave by the Board of Directors, are speaking out about the ongoing power ...
Market Basket's board says it has placed CEO Arthur T. Demoulas on leave, citing allegations that he was planning a work stoppage among employees at the family-controlled supermarket chain.
Market Basket employees walked off the job to defend the man they know as "Artie T." It lasted six weeks and Demoulas and his sisters won. "Under Mr. Demoulas' leadership in December of 2024, ...
Readers Say Should you boycott Market Basket? Here’s what readers are saying. “If the employees think another walkout makes sense, then I'd support them.
File photo of Market Basket's longtime chief executive, Arthur T. Demoulas from 2014. W. Marc Bernsau | Business Journal By Maya Shavit and Grant Welker – Boston Business Journal ...
Beloved New England grocer Market Basket is again embroiled in a leadership conflict that could ultimately impact its loyal shoppers. The supermarket chain said Wednesday that its board had placed ...
Two longtime Market Basket executives with a combined nearly 90 years of experience with the grocery chain said they expect to be fired as part of a decision to put the company’s CEO on leave.
Fast-forward to 2025 and Market Basket is doing very well. The company now has 90 stores and around 32,000 employees with annual revenue of nearly $8 billion—almost double its 2014 revenue.
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.
Michael Benoit, of Claremont, N.H., right, and other Market Basket employees try to encourage shoppers to boycott the store as they protested outside the Market Basket in Claremont, on July 22, 2014.