Arthur T. Demoulas
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.
The two governors said in a joint statement Friday they are optimistic a deal will be reached to sell the company to fired CEO Arthur T. Demoulas and restore him on an interim basis.
Arthur T. Demoulas, the former Market Basket CEO at the center of the employee revolt, is expected to submit his final bid to buy the supermarket chain Friday, according to a published report.
Gov. Deval Patrick said he will likely speak to Arthur T. Demoulas and Arthur S. Demoulas Wednesday as negotiations in the Market Basket saga reach a “critical point.”