Market Basket, Demoulas family
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10hon MSN
Beauregard urged the company to resolve its internal dispute and bring back Arthur T. Demoulas before it’s too late, reminding Board members that residents of his city shop at Market Basket to make ends meet as they navigate high prices and food insecurity.
The ongoing battle for control of Market Basket grocery stores appears poised to drag on for more than another month.
One of Market Basket’s founding family members, Arthur T. Demoulas, is blasting away at the private equity group that has a major ownership stake and he says is ruining the company. The chain has dozens of locations across New England, including two in Rhode Island.