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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 ...
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.
The deal with Market Basket paid Retail Development and Management Inc. 7.5% of the total development costs compared to the traditional industry percentage at the time of 2-3%. Secondly, Arthur T. recommended Market Basket purchase a property in Bourne, Massachusetts, for $20.9 million. The Bourne property was owned by a company in which Arthur ...
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Stores were 10,000 to 15,000 square feet (930 to 1,390 m 2) and in downtown and inner city areas in the Boston and Springfield metro areas. The chain had grown to 86 supermarkets by 1946, when the name was changed to Stop & Shop, Inc. [ 6 ]
These locations are off limits to Fort Liberty soldiers The following commercial and recreational properties are off-limits to members of the Armed Forces: • McCormick Farm private property, N.C ...
Brookline (Johnnie's Fresh Market) – 1026-1028 Beacon Street; Charlestown – Bunker Hill Mall; Lynn – 50 Boston Street; Medford – 471 Salem Street; Melrose – 880 Main Street; Revere – 651 Squire Road; Somerville (Alewife) – 105 Alewife Brook Parkway; Somerville (Beacon Street) – 45 Beacon Street; South Weymouth – 35 Pleasant Street
Cameron Mitchell is president and founder of Cameron Mitchell Restaurants. He gained notoriety in the restaurant industry in 2008, when two of the company's concepts: Mitchell's/Columbus Fish Market and Mitchell's/Cameron's Steakhouse—a total of 22 units—sold to Ruth's Hospitality Group for $92 million.