How many stores are in the Market Basket chain?
Demoulas Super Markets, Inc. Market Basket, is a chain of 95 supermarkets as of 2025 in New Hampshire, Massachusetts, Maine, and Rhode Island in the United States, with headquarters in Tewksbury, Massachusetts. Demoulas was fired as CEO of New England institution Market Basket, an action by the company’s board of directors that ended a nearly two decade-long stint as chief executive that was unique in many ways.The Market Basket board voted unanimously late Tuesday night to remove Arthur T. Demoulas as president and CEO of the beloved New England supermarket chain that has been caught up in a yearslong family feud over its ownership. The move comes after failed mediation to resolve differences between the two parties.Market Basket shared a copy of the Delaware filing with Boston 25 News, which stated that Demoulas “forced the board to choose between accepting his autocratic control of Market Basket or terminating him in order to protect a vibrant and growing business that cannot flourish over the long-term under the leadership of a .The Market Basket Saga. Market Basket is a corporation formed through a series of franchising stores owned by Demoulas Super Markets, Inc. DSM”) in 1988. The grocery store has been in the Demoulas family since 1917, and was incorporated under the name Demoulas Super Markets, Inc.
Who is Market Basket owned by?
The Demoulas family is a Greek-American family that controls DeMoulas Super Markets, Inc. Market Basket chain of supermarkets. Beginning in 1990, two sides of the Demoulas family fought for control of DeMoulas Super Markets. For those unfamiliar with Market Basket, it’s a small, regional grocery chain with 71 stores in Massachusetts, New Hampshire, and Maine. For decades, two members of the family that owns Market Basket—Arthur T. Demoulas and Arthur S. Demoulas—have been fighting for control of the business.Demoulas Super Markets, Inc. Market Basket, is a chain of 95 supermarkets as of 2025 in New Hampshire, Massachusetts, Maine, and Rhode Island in the United States, with headquarters in Tewksbury, Massachusetts.The Market Basket board voted unanimously late Tuesday night to remove Arthur T. Demoulas as president and CEO of the beloved New England supermarket chain that has been caught up in a yearslong family feud over its ownership. The move comes after failed mediation to resolve differences between the two parties.TEWKSBURY, MA – After a summer of strife, the ordeal at Market Basket is over. On Friday, December 12th, the 50. Arthur S. Demoulas and his rival side of the family was officially sold to Arthur T. Demoulas.The Demoulas family is a Greek-American family that controls DeMoulas Super Markets, Inc. Market Basket chain of supermarkets. Beginning in 1990, two sides of the Demoulas family fought for control of DeMoulas Super Markets.
Where is the largest Market Basket?
Market Basket. Chelsea is home to the flagship store in Market Basket’s growing portfolio of supermarkets, currently totaling 71 stores. At 138,000 square feet, the Chelsea location is one of the largest supermarket. And that experience is, in a word, crowded. This is mainly because Market Basket is much, much cheaper than the other supermarkets around—Stop & Shop, Shaw’s, Star, Hannaford, Trader Joe’s*, etc.
Is Market Basket still in debt?
He cited data showing that Market Basket had been one of the top performing grocery chains in the country, with an annual revenue of $7 billion in 2023, and $1. Arthur T. Shop on Wednesdays You also need to know when to buy certain items. And timing is everything. Wednesdays are the best day to shop for food, as this is when most supermarkets release new circulars, ensuring you have the first pick of the top deals,” said Woroch.The reason Market Basket prices are so reasonable is that their employees are not unionized and they do not advertise on television like Stop & Shop or Shaw’s.We assure our valued associates and customers that, as we have demonstrated over the past several months, Market Basket will not change its operations, profit-sharing, bonuses or culture, and will continue to offer the best groceries at the lowest prices anywhere in New England — well into the future,” Hachigian said.The best days to shop at Market Basket are usually mid-week, specifically on Wednesdays and Thursdays,” Herman said. This is when many Market Basket locations tend to restock their shelves with fresh produce and other items.Affordable groceries Market Basket shoppers have benefited for the longest time thanks to some of the lowest prices anyone could find for groceries. Market Basket can set prices so low because it has such high volume — and it has such high volume thanks to those low prices.
Is Market Basket shutting down?
We assure our valued associates and customers that, as we have demonstrated over the past several months, Market Basket will not change its operations, profit-sharing, bonuses or culture, and will continue to offer the best groceries at the lowest prices anywhere in New England—well into the future,” Hachigian said. To make sure your store isn’t out of what you want, the best time of day to shop is mid-morning to early afternoon. Many stores stock their fresh produce during this time (non-perishables are usually stocked in the evenings when people are not walking through the aisles).The best days to shop at Market Basket are usually mid-week, specifically on Wednesdays and Thursdays,” Herman said. This is when many Market Basket locations tend to restock their shelves with fresh produce and other items.
Who is CEO of Market Basket?
There’s a new sheriff in town at Market Basket following former CEO Arthur T. Demoulas’s unceremonious removal last week. The grocery chain’s longtime chief financial officer, Donald T. Mulligan, will now serve as its interim CEO, Market Basket’s board of directors announced Tuesday. Market Basket has named Don Mulligan as the Massachusetts-based supermarket chain’s interim Chief Executive Officer. He replaces fired CEO Arthur T. Demoulas. The board of directors made the announcement Tuesday.The Demoulas family is a Greek-American family that controls DeMoulas Super Markets, Inc. Market Basket chain of supermarkets. Beginning in 1990, two sides of the Demoulas family fought for control of DeMoulas Super Markets.Demoulas Super Markets, Inc. Market Basket, is a chain of 95 supermarkets as of 2025 in New Hampshire, Massachusetts, Maine, and Rhode Island in the United States, with headquarters in Tewksbury, Massachusetts.