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Market Basket's flagship store in Chelsea, Massachusetts, site of June 24 rally. On June 23, 2014, three top-level executives—CEO Arthur T. Demoulas, Vice President Joseph Rockwell, and Director of Operations William Marsden—were fired by the board. [25]
Outside of Market Basket, Demoulas was known for his philanthropy. He gave millions of dollars to many causes, including programs for the blind and college scholarships. He was credited with helping revitalize the Acre by building a new supermarket and providing money for new infrastructure. [1] Demoulas died on May 24, 2003, at Massachusetts ...
John DeJesus Sr. opened his first store in East Cambridge, MA in 1947. [1] At the time of the chain's closure, it was controlled by his son, John DeJesus. [2] The chain operated eleven stores simultaneously at its peak. A location in Swampscott, MA ran from 2000 until 2004, which was converted to a Whole Foods Market upon its closure.
Market Basket has two locations in Rhode Island, and two stores just over the state line, in Attleboro and Fall River, Massachusetts. Warwick: 25 Pace Blvd. Johnston: 1300 Hartford Ave.
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Chelsea Market Basket store. In response to Demoulas's firing, six high-level managers resigned, and 300 employees held a rally outside Market Basket's Chelsea, Massachusetts, flagship store on June 24, 2014. [13] The protesters criticized the Market Basket board for putting money before people by choosing to pay its shareholders more instead ...
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