Market Basket (New England)
DeMoulas Super Markets, Inc., under the trade name Market Basket, is a chain of 90 supermarkets in New Hampshire, Massachusetts, Maine, and Rhode Island in the United States, with headquarters in Tewksbury, Massachusetts.
|Founded||1917Lowell, Massachusetts, United Statesin|
Number of locations
|New Hampshire, Massachusetts, Maine, Rhode Island|
|Arthur T. Demoulas (Chief Executive Officer)|
|Products||Bakery (not available at all stores), Dairy, Deli, Frozen Foods, Grocery, Meat, Health & Beauty Aids, Produce, Seafood, Snacks, Beer & Wine|
|Services||Markets Kitchen & Markets Café|
|Revenue||US$4 billion (2015)|
|Owners||Frances Demoulas, Glorianne Demoulas, Arthur T. Demoulas, Caren Demoulas|
Number of employees
|Parent||DeMoulas Super Markets, Inc.|
From 1990 through late August 2014, the company was the center of a controversy over ownership and leadership, which culminated in protests receiving international media attention. On August 27, 2014, an agreement was reached between its feuding owners to sell the 50.5% stake of the company owned by the family of Arthur S. Demoulas to his cousin Arthur T. Demoulas for $1.5 billion.