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As Market Basket Deadline Approaches for Artie T., 'All is Quiet' from HQ

Market Basket supermarket workers have set a Thursday afternoon deadline for former CEO Arthur T. Demoulas to be reinstated.

The Market Basket store on Highland Avenue in Salem, Mass. Credit: Patch file photo
The Market Basket store on Highland Avenue in Salem, Mass. Credit: Patch file photo

Workers at Market Basket supermarkets have set a deadline of Thursday afternoon for former CEO Arthur T. (Artie T.) DeMoulas to be reinstated.

Arthur T. DeMoulas was fired last month after a board vote.

Market Basket has headquarters in Tewksbury, Mass. with 71 stores in Massachusetts, New Hampshire and Maine.

A deadline of 4:30 p.m. on Thursday was set by workers and middle managers to have Arthur T. DeMoulas reinstated as president and CEO, according to a report by Supermarket News. It was not clear what the workers planned to do if Arthur T. was not reinstated.

In a memo to new co-CEOs Felicia Thornton and Jim Gooch posted on Supermarket News, Market Basket workers said they wanted Arthur T. back “with full authority” and workers said “we will not work for anyone but [Arthur T. DeMoulas].”

Thornton and Gooch told Supermarket News that they don’t have authority to reinstate Arthur T. DeMoulas.

Just before 10 a.m., “all is quiet” at Market Basket headquarters, according to the Save Market Basket Facebook page.
Old Pizza July 17, 2014 at 04:04 PM
Hit the greedy Board of Directors where it hurts the most - in their wallets. Go on strike and stay out until Arthur T. is back in control.
Old Pizza July 17, 2014 at 04:18 PM
Why would a successful company like Market Basket name a known failure like James Gooch, former president of failed Radio Shack, as president? He led Radio Shack down the path to oblivion and they better be prepared for the same from him here.
Deborah July 17, 2014 at 04:20 PM
The revenge seeking ASD would like nothing better than to sell the store off in parts...the problem ATD has 49% of the shares.
Old Pizza July 17, 2014 at 05:14 PM
Let's hope he can somehow wrangle 2 more percent!
Old Pizza July 18, 2014 at 08:31 AM
A confrontational, threatening letter from the new CEOs shows everyone just how employee and customer focused these two are. Gooch ruined Radio Shack and he's on the path to drive Market Basket down the drain. I sincerely hope every employee, at every level, in every location walks off the job and stays off until Arthur T. is reinstated and Gooch is sent packing. The only way to get the message through to this greedy board is to hit them where it hurts the most - in their wallets.

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