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Demoulas's opponents criticized him for being "openly defiant" of the board of directors and having a "dictatorial" management style. [17] In a 2010 memo to the Board of Directors, Arthur S. Demoulas accused Arthur T. Demoulas of "plundering" millions by paying millions in excessive real estate prices for new Market Basket store locations.
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 ...
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 of reinvesting in the business ...
SEEKONK, Mass. − Market Basket's parent company, Demoulas Super Markets, purchased the Showcase Cinemas property in Seekonk in a leaseback deal with the theater company.. According to land ...
Foodmaster operated in a grocery marketplace that has a high degree of competition and many competitors, including Shaw's, Stop & Shop, and Market Basket among others. Foodmaster supermarkets were primarily located in shopping centers with other stores. It was unique in terms of its employee dress code.
During a conflict between two sides of the Demoulas family, which owns the Market Basket grocery chain, Hassan urged the family to resolve the dispute, which threatened 9,000 jobs in New Hampshire. [48] In July 2015, Hassan vetoed a bill that would have removed the licensing requirement for carrying concealed firearms. [49]
Aug. 30—WAKEFIELD — Gov. Chris Sununu forwarded to the Executive Council a proposal just shy of $10 million to buy the former Laconia State School property. But the Council voted 2-1 on Friday ...
The Chelmsford brand of golden ginger ale continued to be manufactured by Canada Dry for decades. It is currently manufactured by Polar Beverages for DeMoulas/Market Basket supermarkets, based out of neighboring Tewksbury. [12]
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