Market Basket (New England)
Supermarket chain in New England, United States / From Wikipedia, the free encyclopedia
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For the Louisiana and Texas chain, see Market Basket (Louisiana and Texas). For the defunct California grocery store chains, see Market Basket (California). For other uses, see Market basket.
DeMoulas Super Markets, Inc., under the trade name Market Basket, is a chain of 88 supermarkets in New Hampshire, Massachusetts, Maine, and Rhode Island in the United States, with headquarters in Tewksbury, Massachusetts.[3]
Quick Facts Trade name, Company type ...
Market Basket | |
Company type | Private |
Industry | Retail (Grocery) |
Founded | 1917 (107 years ago) (1917) in Lowell, Massachusetts, United States |
Founder |
|
Headquarters | , United States |
Number of locations | 89 |
Area served | New Hampshire, Massachusetts, Maine, Rhode Island |
Key people | Arthur T. Demoulas (Chief Executive Officer)[1] |
Products | Bakery (not available at all stores), Dairy, Deli, Frozen Foods, Grocery, Meat, Health & Beauty Aids, Produce, Seafood, Snacks, Beer & Wine [note 1] |
Services | Markets Kitchen & Markets Café [note 2] |
Revenue | US$4 billion (2015)[2] |
Owners |
|
Number of employees | 25,000 (2014)[3] |
Parent | DeMoulas Super Markets, Inc. |
Website | shopmarketbasket.com |
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From 1990 through late August 2014, the company was the center of a controversy over ownership and leadership, which culminated in protests receiving international media attention. On August 27, 2014, an agreement was reached between its feuding owners to sell the 50.5% stake of the company owned by the family of Arthur S. Demoulas to his cousin Arthur T. Demoulas for $1.5 billion.[1]