Joe Schmidt, Market Basket’s suspended director of operations, spoke on the radio to do "the right thing." He was fired hours later.

The New England grocery chain told a local news outlet it terminated the directors for making untrue statements about the ...

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 ...

Market Basket CEO placed on leave amid investigation 03:11. Market Basket CEO Arthur T. Demoulas has been suspended while his conduct is investigated by the company's board.

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.

1975: The Demoulas family opened its first “Market Basket” store in Salem, New Hampshire, thus the chain as we know it today was born. 1990: Arthur S. files a lawsuit alleging that Telemachus ...