'Do the right thing': Mass. mayor calls for end to Market Basket drama
METHUEN, MASSACHUSETTS, JUL 24 – Methuen Mayor David Beauregard calls for Market Basket board to reinstate CEO Arthur T. Demoulas to end suspensions and firings amid accusations of planned work disruptions.
- Methuen Mayor David Beauregard sent a letter on Thursday to Market Basket's board calling for an end to the corporate drama and reinstatement of CEO Arthur T. Demoulas.
- The letter responded to an ongoing leadership crisis that began with Demoulas' paid leave in late May amid allegations of a planned work stoppage and led to firing top executives Joe Schmidt and Tom Gordon this week.
- Beauregard highlighted how vital the two Market Basket stores in Methuen are for providing employment and affordable groceries to numerous local families, cautioning that ongoing internal conflicts jeopardize the company’s established culture and business approach.
- Schmidt expressed his unwavering commitment to the company and criticized the board members for being disconnected from Market Basket's core values during his recent public statements.
- The ongoing power struggle echoes a similar 2014 conflict that nearly collapsed the company, suggesting that without resolution, Market Basket's community role and business stability could suffer serious damage.
11 Articles
11 Articles


Lowell City Council shows support for Arthur T. Demoulas in letter to Market Basket board
LOWELL — Mayor Dan Rourke and the Lowell City Council penned a letter Friday to the Market Basket board of directors in support of embattled CEO Arthur T. Demoulas, just days after two Demoulas allies were officially fired.


Methuen mayor calls for end to ‘power struggle’ at Market Basket, return of CEO
Methuen Mayor David Beauregard issued a letter to the Market Basket Board of Directors on Thursday, calling for an end to the ongoing corporate drama within the company and reinstate the suspended CEO. “Market Basket is too important to Methuen – and to New England – to be treated like some corporate chessboard,” Beauregard wrote in an address to the board. “My city’s residents rely on those stores to feed their families. Many rely on those jobs…
New podcast dives into Market Basket leadership drama, family infighting
NBC10 Boston has launched a new podcast in partnership with the Boston Business Journal that's all about Market Basket and the ongoing power struggle at the top of the New England supermarket chain.
Coverage Details
Bias Distribution
- 75% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium