News

‘Culture of fear’: Fired Market Basket execs say they’re being silenced
Two Market Basket executives who were fired Tuesday say the move was part of an effort to silence employees who oppose ...
‘Do the right thing’: Methuen mayor calls for Market Basket to end ‘drama,’ reinstate Arthur T.
"What’s on the line here isn’t just one man’s title. It’s a business model, a culture, and a community lifeline," the mayor ...
Market Basket fires 2 executives amid ongoing turmoil
The New England grocery chain told a local news outlet it terminated the directors for making untrue statements about the ...
Methuen mayor calls on Market Basket to bring back Arthur T. Demoulas - "Do the right thing"
The mayor of Methuen is calling on Market Basket to bring back suspended CEO​ Arthur T. Demoulas, calling the supermarket a ...
Lowell City Council shows support for Arthur T. Demoulas in letter to Market Basket board
Mayor Dan Rourke and the Lowell City Council penned a letter Friday to the Market Basket board of directors in support of ...
Methuen mayor calls for end to ‘power struggle’ at Market Basket, return of CEO
Methuen Mayor David Beauregard issued a letter to the Market Basket Board of Directors on Thursday, calling for an end to the ...
Market Basket CEO blasts company’s board members over firing of long-time execs
The firing of two long-time Market Basket executives by the company’s board of directors was "among the worst decisions that ...
Fired Market Basket executives speak out on terminations, ‘pre-planned coup’ investigation
In a statement, Market Basket board of directors said the terminations came as a result of a recent internal investigation ...
Market Basket board fires two suspended executives, CEO Arthur T. Demoulas calls move "heartless"
Market Basket's board of directors has fired two suspended executives who are loyal to suspended CEO Arthur T. Demoulas.
Fired Market Basket executives slam board of directors, say dismissals were a ‘preplanned coup’
Market Basket fired the executives, Joe Schmidt and Tom Gordon, claiming they worked to spark a widespread work disruption to ...
Market Basket board fires two top lieutenants of Arthur T. Demoulas, accusing them of insubordination
The board of Market Basket has fired two top lieutenants of sidelined chief executive Arthur T. Demoulas, accusing them of ...
What’s going on with Market Basket? Fired execs say company culture is ‘far from vibrant’
According to the Market Basket Board of Directors, both Schmidt and Gordon were fired for making false and derogatory remarks about the company and people associated with it, and inappropriate ...