News

Mayor Dan Rourke and the Lowell City Council penned a letter Friday to the Market Basket board of directors in support of ...
The mayor of Methuen is calling on Market Basket to bring back suspended CEO​ Arthur T. Demoulas, calling the supermarket a ...
For the first time, a Massachusetts mayor is speaking out and demanding an end to the latest dramatic feud for control of ...
Market Basket has responded to an open leader by the mayor of Methuen, Massachusetts, that urged the company to bring back ...
Beauregard urged the company to resolve its internal dispute and bring back Arthur T. Demoulas before it’s too late, ...
Members of the board of directors praised the new executives, but suspended CEO Arthur T. Demoulas attacked the decision and the board members.
The New England grocery chain told a local news outlet it terminated the directors for making untrue statements about the ...
With CEO Arthur T. Demoulas on leave, what’s happening inside Market Basket? Depends who you ask. By Jon Chesto Globe Staff,Updated June 12, 2025, 4:44 a.m. 46 ...
Market Basket CEO Arthur T. Demoulas walks outside the store off of Pawtucket Boulevard in Lowell as it prepares to open on Oct. 9, 2020. In a move reminiscent of the summer of 2014 when Demoulas ...
Joe Schmidt, Market Basket’s suspended director of operations, spoke on the radio to do "the right thing." He was fired hours later.
Demoulas bought out his cousin for $1.5 billion to regain control of the company, in a deal that then-Massachusetts Gov. Deval Patrick and New Hampshire Gov. Maggie Hassan helped to reach.
Here’s a brief history of the business and the family. 1917: Greek immigrants Athanasios and Efrosini Demoulas opened the family’s first food store on Dummer Street in Lowell, Massachusetts.