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Tag: Demoulas

Demoulas Board: President Will Remain

  • By R. Daneel Olivaw
  • 20 December, 2013
  • No Comments

TEWKSBURY, Mass. — The executive search firm engaged by Demoulas Market Basket is not seeking to replace its embattled president, according to a statement from the company’s board of directors. … Continue Reading →

Demoulas Board Reviews ‘Issues’ at Planned Stores

  • By R. Daneel Olivaw
  • 18 December, 2013
  • No Comments

TEWKSBURY, Mass. — The board of directors of Demoulas Super Markets this week said it has given management approval to proceed with a new Market Basket store site in Attleboro, … Continue Reading →

Demoulas to Continue Profit Sharing, Bonus

  • By R. Daneel Olivaw
  • 7 November, 2013
  • No Comments

TEWKSBURY, Mass. — The board of directors of Demoulas Super Markets here has launched a website intended to inform employees of its actions — including most recently, a decision to … Continue Reading →

Demoulas Board Member Resigns

  • By R. Daneel Olivaw
  • 4 October, 2013
  • No Comments

TEWKSBURY, Mass. — Infighting over control of Demoulas Super Markets has reportedly taken its toll on one of its board members. read more Supermarket News

Demoulas President Loses Board Challenge

  • By R. Daneel Olivaw
  • 24 September, 2013
  • No Comments

TEWKSBURY, Mass. — The president of Demoulas Super Markets here has lost his bid to remove a board member and void decisions of the retailer’s board of directors — including … Continue Reading →

Shareholders Move to Dismiss Demoulas Suit

  • By R. Daneel Olivaw
  • 18 September, 2013
  • No Comments

TEWKSBURY, Mass. — On the eve of a board meeting that could have wide-reaching implications for Market Basket stores, “Class A” shareholders of parent Demoulas Super Markets asked a court … Continue Reading →

Demoulas Employees Question Latest Moves at Market Basket

  • By R. Daneel Olivaw
  • 10 September, 2013
  • No Comments

TEWKSBURY, Mass. — A board-led attempt to cool anxieties at Market Basket stores was met skeptically by employees last week, who remained concerned over potential cuts in profit sharing and … Continue Reading →

Demoulas CEO Sues Over Board Dispute

  • By R. Daneel Olivaw
  • 5 September, 2013
  • No Comments

TEWKSBURY, Mass. — Arthur T. Demoulas, chief executive officer of Demoulas Supermarkets, on Thursday asked a Massachusetts Superior Court judge to invalidate all actions of the company’s board of directors … Continue Reading →

Demoulas Board to Employees: ‘We Want the Best’

  • By R. Daneel Olivaw
  • 3 September, 2013
  • No Comments

TEWKSBURY, Mass. — The three newly elected members of the Demoulas Market Basket board of directors told employees that they have “moved thoughtfully” to improve corporate governance at the parent … Continue Reading →

Demoulas Factions Fight for Control of Company

  • By R. Daneel Olivaw
  • 22 July, 2013
  • No Comments

TEWKSBURY, Mass. — The future of Demoulas Supermarkets was thrown into chaos last week as infighting between descendants of the company’s founding brothers came to a new head. read more … Continue Reading →

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