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DeMoulas Super Markets, Inc., under the trade name Market Basket, is a chain of 90 supermarkets in New Hampshire, Massachusetts, Maine, and Rhode Island in the United States, with headquarters in Tewksbury, Massachusetts. [3]
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 ...
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 ...
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 ...
Wall Street analysts are forecasting a bearish market for oil next year as the world's electrification shift progresses and producers flood the market to meet demand. Oil headed to $65 per barrel ...
Market Basket was the name used by two separate chains of supermarkets within Southern California. The first chain originated in Pasadena and operated from 1930 until 1982. The second chain operated from 1989 until 1994.
Three of the grocers remained one-supermarket operators while Hughes and Thompson formed a 50-50 corporation for joint expansion. Thompson and Hughes bought four stores as partners in the 1960s. During the early 1970s they obtained former A&P , Kroger and Weingarten's stores in Lake Charles , Beaumont , Port Arthur and Orange .
Price Rite is a chain of supermarkets found in Connecticut, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, and Rhode Island.Based in Keasbey, New Jersey, Price Rite is owned by New Jersey–based Wakefern Food Corporation, the cooperative behind ShopRite Supermarkets, Dearborn Market, and The Fresh Grocer.
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