Market Basket, Demoulas family
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2don MSN
Joe Schmidt, Market Basket’s suspended director of operations, spoke on the radio to do "the right thing." He was fired hours later.
One of Market Basket’s founding family members, Arthur T. Demoulas, is blasting away at the private equity group that has a major ownership stake and he says is ruining the company. The chain has dozens of locations across New England, including two in Rhode Island.
The ongoing battle for control of Market Basket grocery stores appears poised to drag on for more than another month.