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Market Basket also faced new competition from Wegmans, [17] which opened its first Massachusetts store in 2011. On the employee front, Arthur T. was known for his ability to remember his associates' names, birthdays, and milestones, attending many of their weddings and funerals, checking in on ill employees, and asking about the spouses and ...
Kroger bought the chain in 1963 when Market Basket annual sales were $121 million (~$923 million in 2023). [4] In 1982, Kroger decided to exit the competitive Southern California supermarket business and broke up the 65 store Market Basket chain by selling many of stores to Ralphs, Boys, Hughes and Vons while closing the rest.
In mid-2020, RD Management announced plans to redevelop the site. The plans include demolishing the existing Market Basket, reducing the size of the former Kmart space, constructing a new tenant building across from the existing one, and constructing a multi-story residential component where Market Basket currently stands. The redevelopment ...
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The Showcase Cinemas in Seekonk will be turned into a Market Basket, as the theater closes on Jan. 5, 2025. ... The movie theater closing on Jan. 5 had 10 screens, 2,000 seats and 1,240 parking ...
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On October 5, 2019, it was announced that Walmart would be closing as well on October 25, 2019, as well as Old Navy, which left Macy's as the only anchor left. [ 6 ] A new outdoor shopping center called Hanover Crossing which opened in 2022, would replace the mall which closed in January 2020 and was torn down in April 2020.
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.