A Win for Arthur T. Demoulas and Market Basket

Market Basket Newburyport, MA Last night when the news broke here in Massachusetts that the workers and former CEO Arthur T. Demoulas had prevailed and deal was finally signed for Arthur T. Demoulas to by the beleaguered Market Basket company from his rival cousin, Arthur S. Demoulas, I was among the many loyal customers who cheered the news. Twitter was abuzz with the news and many customers like myself chimed in to spread the news. If you don’t live in a community where there is a Market Basket grocery store, chances are you hadn’t been paying much attention to the Market Basket employees strike and all the many implications it carried for entire communities and the corporation itself. The employee strike … Continue reading

Market Basket’s Only Solution

In an editorial in the Boston Globe today, the Globe’s editorial board says that the only solution for Market Basket is “bringing back deposed CEO Arthur T. Demoulas to lead the employees in rebuilding the firm.” The Globe is right on this. Market Basket is vital to our communities that they serve and the stubborn actions of Arthur S. Demoulas and his co-CEO’s have created a crisis for workers and consumers. As the days tick by and the board reaches no decision on Arthur T. Demoulas’ offer to buy out the company, the value of the company decreases and the community struggles in effort to find reasonably priced groceries to feed their families. As the Boston Globe’s editorial notes some intervention … Continue reading

Market Basket Saga Continues As Workers Defy Back to Work Order

Living in a community where there are two Market Basket grocery stores within a short drive, I have been fascinated and inspired by the courage and commitment of the employees to stand up against corporate greed and demand the return of the former CEO, Arthur T. Demoulas. As the days go by, the saga has now entered its third week, and employees have not backed down with their demands, defying a back to work order from the company’s new co-CEO’s Jim Gooch and Felicia Thornton. In communities around New England where there are Market Basket stores, it is not just the employees rallying for the former CEO, customers have also entered into the fray, expressing their support for the beloved … Continue reading

Market Basket Employees Are a Powerful Testament to the Power of the People

State Rep. Renny Cushing of Hampton just spoke at #MarketBasket rally. “This is a watershed moment in history.” @seacoastonline — Jason Schreiber (@Schreibernews) July 25, 2014 Local media is covering today’s employee rally at Market Basket’s headquarters in Tewksbury, MA and the board meeting that is also under way in Boston. The ripple effect of the warehouse workers walkout that started a week ago has grown into a full-blown employee movement that has drawn thousands of employees to headquarter’s today, in support of ousted CEO Artie T. Demoulas. Watching the groundswell of support for Artie T. in the past week, one cannot help but marvel at the incredible testament of a the power of the people, to take on a feuding … Continue reading

Standoff Continues Between Market Basket Employees and New Management

Yesterday I stopped by my local Market Basket in Newburyport, to see if they might have a few things I needed, although the stock on their shelves continue to dwindle, I was able to pick up the few necessities I stopped in for. I spent sometime there yesterday talking with a few employees I have gotten to know over my years of shopping there. Market Basket employees are a loyal bunch, they love their jobs and so many of them have been loyal employees for decades. Their loyalty was inspired by their ousted former boss, Arthur T. Demoulas, who was so beloved by his employees, that now many employees, across the supermarket chain’s stores are standing in protest to have … Continue reading

Market Basket Employees Take A Stand Against New Management

I’m a loyal Market Basket customer. I shop at the Newburyport, MA store at least 3 – 4 times a week. I know many of the employees, some who are old friends, some who are just so pleasant with the customers that you can’t help but like them. I shop at Market Basket because they have the best prices around. Their meat and produce prices can’t be beat by any of the other supermarket chain stores in the area. A few weeks ago the beloved CEO of Market Basket Arthur T. Demoulas, was fired in the latest of the “seemingly never-ending soap opera of a feud with his rival cousin and shareholder Arthur S. Demoulas.” Market Basket employees are now putting … Continue reading

Pain At The Pumps

Around the country in the past couple of weeks drivers are beginning to feel a little more pain at the pumps as gas prices creep up yet again.  NewHampshire apparently has taken one of the biggest hits in increased gas prices as the San Francisco Gate reports: Gas prices in New Hampshire are 21.1 cents a gallon higher than they were one year ago, and are 5.9 cents per gallon higher than a month ago. Businessweek notes today that prices should be dropping again.

Obama Won’t Wait for Congress on Economic Fixes

Welcome to President Obama’s “year of action.” This is the meme President Obama and “his team have been using since December to describe new policies – many to be enacted as executive actions – to maintain the economic recovery.” In a speech on jobs at North Carolina State University, Obama spoke “more about what he could do without Congress instead of what he’d like done legislatively this year. “Long term, the challenge of making sure that everyone who works hard can get ahead in today’s economy is so important we can’t wait for Congress to solve it,” he said. “Where I can act on my own without Congress, I’m going to do so.” The announcement today of “the first of three “manufacturing innovation institutes” not only follows through … Continue reading