On June 23, 2014, the Board of Directors of DeMoulas Super Markets, Inc., the company that runs the Market Basket chain of supermarkets, fired President and CEO Arthur T. Demoulas. Demoulas's dismissal resulted in protests from the company's employees and customers. The protests ended on August 27, 2014, when the company's shareholders, including Arthur S. Demoulas, agreed to sell their shares to Arthur T. Demoulas.
Chelsea Market Basket store
Sign supporting the Market Basket protests at the Tupelo Music Hall in Londonderry, New Hampshire
Massachusetts Governor Deval Patrick
New Hampshire Governor Maggie Hassan
The Demoulas family is a Greek-American family that controls DeMoulas Super Markets, Inc., the company that operates the Market Basket chain of supermarkets. Beginning in 1990, two sides of the Demoulas family fought for control of DeMoulas Super Markets. The dispute ended in 2014, when the family of George Demoulas sold their shares to Frances Demoulas, Glorianne Demoulas, Arthur T. Demoulas and Caren Demoulas after protests by employees and customers.
Market Basket store in Bourne