Market Basket Board Studying Options
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...
View ArticleMarket 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...
View ArticleMarket Basket Employees Still Pushing For Arthur T.
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...
View ArticleOusted 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...
View ArticleMarket Basket CEO's: Some Employees Concerned For Their Safety
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...
View ArticleMarket 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...
View ArticlePatrick Urges Supermarket Directors To Resolve Leadership Questions
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...
View ArticleMarketing 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"...
View ArticleUPDATE: Arthur T. Demoulas Rejects Board Members 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...
View ArticleMarket Basket Update
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...
View ArticlePatrick Urges Market Basket Employees To Return To Work
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...
View ArticleMarket Basket Talks "Making Progress"
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...
View ArticleKey Vendor No Longer Doing Business With Market Basket
A key vendor is no longer doing business with Market Basket in protest of the company management's actions. Boston Sword and Tuna's top official says time has nearly run out on saving the great...
View ArticlePatrick: Market Basket Talks At Critical Point
Gov. Deval Patrick says he hopes to talk again to warring cousins whose battle over management of the Market Basket grocery store chain has sparked an employee walkout and customer boycott. Patrick...
View ArticleGovs Say Deal Imminent In Market Basket Dispute
The governors of Massachusetts and New Hampshire say they're ``optimistic'' the long-running Market Basket dispute will be resolved with an agreement to sell the company to ousted CEO Arthur T....
View ArticleMarket Basket Board Meeting Called Off
It looks as though the Market Basket saga will continue for a while longer. The grocery store chain's Board of Directors was supposed to conduct a meeting via a conference call Sunday night at 10pm,...
View ArticleMarket Basket Worker Files Federal Labor Complaint
An employee of supermarket chain Market Basket has filed a federal complaint against the company for threatening to fire protesting workers. Lowell resident Karen Bostwick says in her complaint filed...
View ArticleOusted Market Basket CEO Buys Company
The ousted CEO of the Market Basket supermarket chain is back after winning his bid to buy the company. Arthur T. Demoulas and his siblings agreed to buy the 50 and-a-half percent of the company they...
View ArticleMarket Basket Employees Back On The Job
Market Basket is back, and part time employee Joann Davis of New Bedford couldn't be happier. Joann was bagging groceries on Thursday, welcoming customers back to the New Bedford store. During the six...
View ArticleMarket Basket Chief Reflects, Looks Ahead
The chief of the Market Basket supermarket chain says the company's 71 stores have already accomplished a remarkable turnaround thanks to employees who worked day and night to restock shelves left...
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