Friday, October 9, 2026 SourcesAbout🌓
🇺🇸 US ▾
BREAKING
› Dominion still has pending lawsuits against election deniers such as Rudy Giuliani and Sidney Powell› Russia is 'going backwards' in equipment and deploying post WWII-era tanks, according to Western officials› Podcast: One country musician is calling for other artists to oppose assault rifles› Bidets save you money and reduce waste — we tested the best options out there› 50+ products to make your life easier and our planet cleaner› Mother's Day is around the corner. Here are 50+ thoughtful gifts she'll love› A head-to-toe guide of how men should dress this spring, and where they should shop› 42 of the most useful travel products you can buy on Amazon› The 7 best high-yield savings accounts of April 2023› Taxes are due tomorrow. Here's how to file for an extension› Dominion still has pending lawsuits against election deniers such as Rudy Giuliani and Sidney Powell› Russia is 'going backwards' in equipment and deploying post WWII-era tanks, according to Western officials› Podcast: One country musician is calling for other artists to oppose assault rifles› Bidets save you money and reduce waste — we tested the best options out there› 50+ products to make your life easier and our planet cleaner› Mother's Day is around the corner. Here are 50+ thoughtful gifts she'll love› A head-to-toe guide of how men should dress this spring, and where they should shop› 42 of the most useful travel products you can buy on Amazon› The 7 best high-yield savings accounts of April 2023› Taxes are due tomorrow. Here's how to file for an extension
Business

How a succession battle over a beloved New England supermarket empire turned ugly

Business Insider ·
How a succession battle over a beloved New England supermarket empire turned ugly

AP Images As Artie T.

Demoulas addressed a crowd of hundreds of workers on the lawn of the Market Basket headquarters, he sounded more like a left-wing union organizer than the centimillionaire CEO of a grocery empire.

"No one person is better or more important than another," Demoulas said, dropping his Rs in a New England accent, his brow slick in the August heat.

"Whether it's a full-timer or a part-timer, a sacker or a cashier, a grocery clerk or a truck driver or a warehouse selectman, a store manager, a supervisor, a customer, a vendor, or a CEO — we are all equal." The speech marked the culmination of a bizarre labor battle that had come to define the summer of 2014 in New England.

Amid a long-standing feud with a rival branch of his family, led by his cousin Artie S.

Demoulas, the Market Basket board of directors voted to oust Artie T. as CEO that June.

Artie T., who had spent decades building the supermarket brand into a profitable New England powerhouse, did not go quietly.

The CEO had built a fierce loyalty among Market Basket employees and customers.

He had developed a reputation as a generous but unassuming executive who wasn't afraid to get his hands dirty on the shop floor.

When he made store visits, he would often stop and carry bags for customers.

He remembered clerks' and butchers' names and helped them with medical expenses.

"He was a great guy who would always listen to you," says Dan Jarvis, a 20-year Market Basket veteran, who remembers Artie T. showing up at his grandmother's funeral.

For many locals, he had come to represent a bygone era of corporate decency , when executives put the needs of their workers and customers before their shareholders' bank accounts.

In the weeks after his firing, employees organized walkouts and picket lines at all 71 Market Basket franchises.

Read the full article on Business Insider ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.businessinsider.com — the content belongs to Business Insider.

More from Business Insider

See all ›

More in Business

See all ›