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The New England grocery chain told a local news outlet it terminated the directors for making untrue statements about the ...
Joe Schmidt, Market Basket’s suspended director of operations, spoke on the radio to do "the right thing." He was fired hours later.
On July 18, 2014, Market Basket employees protested at the company’s headquarters and staged walkouts after Arthur T. Demoulas’s cousin, Arthur S. Demoulas, fired Arthur T. Demoulas.
Two weeks after the board of Market Basket put Arthur T. Demoulas on paid leave, there’s still no one who has emerged as the leader in the absence of the popular chief executive.. Two workers in ...
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.