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In 1991, George Demoulas's family sued Mike Demoulas, his son Arthur T. Demoulas, and DeMoulas Super Markets, Inc. chief financial officer D. Harold Sullivan, alleging that the three violated the Employee Retirement Income Security Act of 1974 by using their positions as the trustees of the company's employee profit-sharing plan to make ...
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 ...
He also began opening stores under different names, including Market Basket. By 1998, there were 57 Demoulas and Market Basket stores. [2] He remained President of DeMoulas Super Markets, Inc. until 1999, when he resigned as result of a court order. [14] Outside of Market Basket, Demoulas was known for his philanthropy.
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.
Victory Super Markets was a grocery store chain based in Leominster, Massachusetts that included 20 stores across Massachusetts and New Hampshire. [1] It was founded in 1923 by two DiGeronimo brothers and was originally named after the American war effort in World War I.
From 1984 it was a division of Supermarkets General Holdings Corporation. [1] It operated from a headquarters located in North Billerica, Massachusetts.At its height, the company operated 64 supermarkets in Massachusetts, New Hampshire, Maine, and Connecticut.
The market was founded by Leibbrand Gruppe in 1973; since 1989, it has been fully owned by the Rewe Group. In France , the chain was bought in 2005 by the Ed brand of the Carrefour group . In 2010, it operated approximately 3,000 stores across 6 countries in Europe .
The New England Produce Center also known as the Chelsea Produce Market is a wholesale market for produce on Market Street in Chelsea, Massachusetts, one of the largest in the world. [ 1 ] [ 2 ] It is served by the Grand Junction Railroad in addition to truck links via Interstate 93 and Boston's Northeast Expressway (Route 1).