Keeping it Fresh: Can Artie T. Save Market Basket?
About the Company:
Market Basket is a grocery retail chain of 71 stores with several plans for expansions stretching from southeastern Massachusetts to central New Hampshire and southern Maine. Corporate headquarters is located in Tewksbury, MA and as a company they employ over 25,000 people. Local competitors in the industry include; Hannaford, Shaw’s, Whole Foods Market, Stop & Shop, Trader Joe’s and a few other small market shops.
What’s all the feuding about?
As a result of an ongoing family feud between Arthur S. Demoulas and Arthur T. Demoulas, Arthur T. who served as the President of the company was fired by the board of directors along with two other top executives on June 23, 2014. To continue reading click here.