The board of beloved grocery chain Market Basket is remains hopeful for “a constructive resolution” to the corporate standoff that’s roiled the company, it said Friday, revealing that a mediation session with CEO Arthur T.

The firing of two long-time Market Basket executives by the company’s board of directors was "among the worst decisions that could be made," according to the grocery store chain's CEO.

Market Basket CEO Arthur T. Demoulas has issued a statement addressing the recent firings of two of the supermarket chain’s executives by<a class="excerpt-read-more" href=" More