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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.
In 1938, Demoulas either dropped out or was expelled from high school and went to work for DeMoulas Market full-time. In 1954, he and his brother George purchased the business from their parents. [2] Demoulas ran the day-to-day operations of the business and found locations for new stores. [5]
The next day, an estimated 5,000 people rallied outside the Market Basket store in Tewksbury. Leaders of the movement said that the protests must now head to the stores. Employees, as well as state politicians, began to call for a boycott of Market Basket stores. By mid week, Market Basket's sales had fallen about 70%.
U.S. stocks closed higher after President Donald Trump declined to enact reciprocal tariffs on Thursday. Instead, he asked federal agencies to study how they might implement the taxes. Trump's ...
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What to expect at the Fed's next policy meeting: March 18–19, 2025 It's widely expected the Federal Reserve will hold the Fed rate at 4.25% to 4.50% after its policy meeting on March 18 and ...
Saturday morning preview specials were aired on television annually to present previews of each network's fall lineup of Saturday-morning cartoon children's programming. Similar to the model for their new prime time counterpart shows, television networks in the United States and Canada would film a preview special for the fall season.
The title track, "Saint Dominic's Preview", was said by Morrison to have been composed after seeing an ad for a peace vigil to be held at St. Dominic's Church in San Francisco. [27] The song is written in a "stream of consciousness" fashion as with the Astral Weeks songs. Lyrics in the song refer to different stages of Morrison's life: "chamois ...
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