Posted inBusiness, sj-web

Market Basket to open second Maine store in Westbrook

WESTBROOK — The low-priced grocer will be the anchor tenant of a yet-to-be-built retail plaza at the former Pike Industries quarry on Main Street, the developer confirmed Thursday. A Walmart store, which was previously announced for that spot, is no longer part of the project. “I was able to negotiate to replace the Walmart Supercenter […]

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Posted inMaine, New England, sj-web

Market Basket deal completed, ending family feud

TEWKSBURY, Mass. — A New England supermarket chain chief executive who was ousted earlier this year but returned after a worker revolt has completed an ownership deal that ends a family feud over control of the company. Market Basket CEO Arthur T. Demoulas and his family announced Friday that they completed the purchase of the […]

Posted inNew England, sj-web

Governors: Deal may come soon in supermarket feud

BOSTON — The governors of Massachusetts and New Hampshire said Friday they were optimistic the long-running family dispute that has hobbled the Market Basket supermarket chain will be resolved, perhaps as soon as this weekend, with an agreement to sell it to its ousted CEO. In a statement issued late Friday, Massachusetts Gov. Deval Patrick […]

Posted inNation / World, sj-web

Troubled supermarket says workers fear for safety

BOSTON — Executives at the troubled Market Basket supermarket chain in New England stepped up their efforts Monday to fight back against a workers’ revolt and customer boycott that have paralyzed the company and drawn attention for their unusual demand to reinstate the previous CEO. The company had set up a job fair for its […]