Tewksbury-based grocery store chain Market Basket will open its new Shrewsbury location on Friday, Jan.13. The 80,000 square-foot store will be open 7 a.m. to 9 p.m. Monday-Saturday and 7 a.m. to 8 p.m. on Sundays, according to Operations Manager David McLean.
The Shrewsbury location is Market Basket's 88th location, covering 80,000 square feet, with its familiar orange tile accented aisles containing more than 50,000 food items.
The Demoulas family is a Greek-American family that controls DeMoulas Super Markets, Inc., the company that operates the Market Basket chain of supermarkets.
Demoulas meets employees at Londonderry Market Basket in August. The roughly $1.5 billion deal to sell Market Basket to Arthur T. Demoulas finalized Friday afternoon, handing complete ownership and control to him and his family and closing the book on a tumultuous year for the private supermarket chain.
Instead he invokes his grandfather Athanasios (Arthur) Demoulas, a Greek immigrant who left his name to two bickering heirs, as well as a business that started out in 1917 as a tiny store in Lowell, Mass.
Demoulas and his cousin, Arthur T. Demoulas — are named after their common grandfather, Athanasios “Arthur” Demoulas, a Greek immigrant who founded a store selling fresh lamb in Lowell, Mass., in 1916.
The shareholders of Market Basket have agreed to a deal that will see former CEO Arthur T. Demoulas and his family take complete ownership of the grocery chain. In a statement released on behalf of Arthur T. and the company, a spokesperson confirmed the deal.
Shrewsbury is often regarded as having reached its height in the late Middle Ages, in terms of its national and economic significance. This was largely down to its position as a centre of the woollen trade, being a centre for the finishing of Welsh cloth.
Shrewsbury (/ˈʃroʊzbəri/ SHROHZ-bər-ee, also /ˈʃruːz-/ SHROOZ-) is a market town, civil parish and the county town of Shropshire, England, on the River Severn, 150 miles (240 km) north-west of London. At the 2021 census, the parish had a population of 76,782.
Located alongside beau ful countryside with the nearby Welsh borders to the west , and to the east the larger town of Telford and the West Midlands conurba on beyond, Shrewsbury is now the county town of Shropshire and the largest town in the county.
The company hemorrhaged millions of dollars in the 40-day stand off as employees refused to work and customers boycotted. By the end of August 2014, Market Basket shareholders approved an agreement to put Arthur T back in charge, buying the company from rival relatives, including cousin Arthur S. Demoulas.
While a relatively niche place to shop for your groceries, Market Basket offers a great variety of high-quality foods, including fresh produce, meat and baked goods. This combined with reasonable prices on most grocery items makes the supermarket chain a staple in many households.
How many employees did Market Basket have in 2014?
In the summer of 2014, a feud within a prominent Massachusetts business family spilled out into the open when 25,000 workers for the Market Basket supermarket chain went on strike. In sympathy with the workers, customers enacted a boycott.
The supermarket chain got its start in Lowell as DeMoulas Market more than a century ago. It has since grown to 88 locations across New England. Fans of Market Basket swear by the chain's low prices and friendly service, but the loyalty goes deeper than a weekly shopping trip.
You will never see a self-checkout line. According to Wikipedia, company President Arthur T. Demoulas stated that he wanted “a human being waiting on a human being.” Market Basket was one of the first store chains to allow people buying items with credit cards.
Athanasios and Efrosini Demoulas immigrate from Kalambaka, Greece and settle in Lowell, Massachusetts. Having been familiar with farming and agriculture from his homeland, Athanasios begins to cultivate crops and tend livestock.
(led by Arthur S. Demoulas), 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.
DeMoulas — number 45 on the list, with an estimated net worth of $675 million — Stern learned a lot from the long legal battle for control of the company.
Demoulas was ousted in June after his cousin Arthur S. Demoulas gained control of the board. Members of the board had accused Arthur T. of ignoring them; he said they were greedy and wanted a big share of profits he said should go to employees.
“The best days to shop at Market Basket are usually mid-week, specifically on Wednesdays and Thursdays,” Herman said. “This is when many Market Basket locations tend to restock their shelves with fresh produce and other items.
— DeMoulas Super Markets, Inc., under the trade name Market Basket, is a chain of 88 supermarkets in New Hampshire, Massachusetts, Maine and Rhode Island in the United States, with headquarters in Tewsbury, Mass.
Our center store features over 52,000 items. We fully integrate all of our sections so if you are looking for gluten-free, organic, non-GMO or other dietary options you will find them in the same section right next to the other like items.
