Beloved New England supermarket chain Market Basket is once again in turmoil, with its board putting CEO Arthur T. Demoulas on leave amid allegations he was plotting another major work stoppage — Demoulas called it a "hostile takeover." With help from the Boston Business Journal, NBC10 Boston be tracking all the big updates in the latest feud and explain what led Market Basket to this point.
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Beloved New England supermarket chain Market Basket is once again in turmoil, with its board putting CEO Arthur T. Demoulas on leave amid allegations he was plotting another major work stoppage — Demoulas called it a "hostile takeover." With help from the Boston Business Journal, NBC10 Boston be tracking all the big updates in the latest feud and explain what led Market Basket to this point.
One-on-one with Methuen Mayor Beauregard as he speaks out in support of Demoulas
Food Feud: Market Basket
17 minutes 50 seconds
3 months ago
One-on-one with Methuen Mayor Beauregard as he speaks out in support of Demoulas
Methuen Mayor David "D.J." Beauregard issued an open letter to Market Basket's board of directors on July 24, asking them to "resolve this internal dispute and bring back Arthur T. Demoulas — before the damage becomes irreversible."
The letter was met with assurances from the board that the Market Basket New England knows and loves is not at risk. But since, other elected officials are beginning to speak out on the ongoing turmoil in the supermarket's leadership.
Mayor Beauregard joins Food Feud: Market Basket to discuss his decision to publicly support suspended CEO Demoulas — and what he believes is at stake amid this tension at the top of a New England institution.
Food Feud: Market Basket
Beloved New England supermarket chain Market Basket is once again in turmoil, with its board putting CEO Arthur T. Demoulas on leave amid allegations he was plotting another major work stoppage — Demoulas called it a "hostile takeover." With help from the Boston Business Journal, NBC10 Boston be tracking all the big updates in the latest feud and explain what led Market Basket to this point.
