The board of directors of Demoulas Super Markets on Friday confirmed it was in receipt of an offer to buy the company from deposed president Arthur T. Demoulas but failed to act to reinstate him in an executive position, calling for “normal business operations to resume immediately.”...More
Unraveling what happened in the aftermath of George’s death would become one of the longest, most expensive and contentious series of lawsuits in Massachusetts history —and its aftereffects still resonate at the company.
The Market Basket saga took another twist Thursday when ousted president Arthur T. Demoulas revealed he has offered to buy out the 50.5% of company owned by his rival cousin and his family.
Spokespeople for Arthur T. Demoulas did not provide detail beyond the following statement, issued early Thursday:...More
Members of the United Food and Commercial Workers Union employed at Kroger’s price-impact Food 4 Less stores in Southern California were meeting today with Kroger representatives on a new contract....More
Stop Shop Save, a Baltimore independent that has served some of the city’s low-income neighborhoods since 1978, is in the process of closing the last of its five stores, according to published reports....More
As part of an effort to help its 81 million loyalty cardholders modify behavioral risk factors associated with the most urgent public health issues, Walgreens is launching the “Balance Rewards for healthy choices” initiative....More
Ahold USA said Tuesday that a subsidiary would acquire Eastside Marketplace, an upscale supermarket in Providence, R.I., with the intention of continuing to operate the store under its current banner and management....More