Business & Tech
As Market Basket Deadline Approaches for Artie T., 'All is Quiet' from Tewksbury HQ
Market Basket supermarket workers have set a Thursday afternoon deadline for former CEO Arthur T. Demoulas to be reinstated.
Workers at Market Basket supermarkets have set a deadline of Thursday afternoon for former CEO Arthur T. (Artie T.) DeMoulas to be reinstated.
Arthur T. DeMoulas was fired last month after a board vote.
Market Basket has headquarters in Tewksbury, Mass. with 71 stores in Massachusetts, New Hampshire and Maine.
Find out what's happening in Tewksburywith free, real-time updates from Patch.
A deadline of 4:30 p.m. on Thursday was set by workers and middle managers to have Arthur T. DeMoulas reinstated as president and CEO, according to a report by Supermarket News. It was not clear what the workers planned to do if Arthur T. was not reinstated.
In a memo to new co-CEOs Felicia Thornton and Jim Gooch posted on Supermarket News, Market Basket workers said they wanted Arthur T. back “with full authority” and workers said “we will not work for anyone but [Arthur T. DeMoulas].”
Find out what's happening in Tewksburywith free, real-time updates from Patch.
Thornton and Gooch told Supermarket News that they don’t have authority to reinstate Arthur T. DeMoulas.
Just before 10 a.m., “all is quiet” at Market Basket headquarters,according to the Save Market Basket Facebook page.Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.