Arthur T. Demoulas
Arthur T. Demoulas said Market Basket’s 71 stores have already accomplished a remarkable turnaround thanks to employees who worked day and night to restock shelves left empty by a worker revolt.
As Market Basket recovers from six weeks of turmoil, it is looking to its loyal customer base and new shoppers intrigued by the supermarket chain’s summer drama.
The company is planning to open stores in Revere, Waltham, Athol, Littleton and Attleboro.
Customers were once again filling their carts at Market Basket.
Some politicians used the Market Basket standoff for momentum, while others in office stayed on the sidelines.
Arthur T. Demoulas triumphantly returned as Market Basket CEO Thursday, addressing workers at company headquarters in Tewksbury, saying, “it’s great to be back together again.”
Arthur T. Demoulas said he “absolutely” intends to keep Market Basket prices low in the future as stores work to get back up to speed.
Effective immediately, Arthur T. Demoulas is returning to Market Basket with day-to-day operational authority of the company.
The Market Basket board of directors met briefly Wednesday afternoon and may meet again Wednesday night on whether to sell to ousted CEO Arthur T. Demoulas.
The family feud that has brought the Market Basket supermarket chain to its knees may be nearing its end.