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graywarrior

(59,440 posts)
Sun Jul 27, 2014, 08:44 PM Jul 2014

New message from Market Basket

Rebels With a Cause

On June 29 we posted an article we titled “Resistance” and it served as a challenge to all that our time was at hand to take action so that we could save the company. We now stand together, customers and associates alike, in the midst of a resistance the likes of which has never been seen. The world has watched with great interest and support as we have taken to parking lots and sidewalks in a unified protest against the type of corporate greed which has become the norm in society. Our fight has created a new battlefield and started a new discussion: why shouldn’t the employees of a company have a say in who their CEO is?
If Arthur T. Demoulas were simply a great and caring man who knew the names of our spouses and children and also attended our weddings and funerals but at the same time was a lousy or barely adequate CEO, this story would not be happening. The fact is he is the total package. His steady guidance has allowed us to thrive and constantly adapt to an ever changing marketplace. Think about what a new store of ours looked like in 2008 versus 2013. The cafes, Markets Kitchen, demo-stations. We built upon the tried and true culture of More For Your Dollar and enhanced the customer experience in so many ways. This is why we resist.
A month later we stand on the verge of making history. We know that an offers from ATD and other suitors sit in the hands of the Board and we call on them to do the right thing not only for us associates but for our customers and for the greater good of all New England. We have drawn our line in the stand stating that we will work for no other CEO and that other potential buyers should take pause and give serious thought to pulling their offers.
We are New Englanders and we have rebellion in our blood. It’s about a mile from Lexington Green to the Burlington store and where our forefathers stood ready to change the world wearing tri-corner hats as they faced the Red Coats, we are on the verge of forever changing the corporate world while outfitted in smocks as we stand facing the Board and Arthur S in their tailored suits.
We have fought as courageously as anyone could ever have hoped. We need to stay strong and in doing so, we will carry the day. We can have no doubt about that.
Together WE ARE MARKET BASKET! Let’s finish this thing.

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New message from Market Basket (Original Post) graywarrior Jul 2014 OP
solidarity blm Jul 2014 #1
K&R! DeSwiss Jul 2014 #2
that's the way you do it! Excellent! Thanks for the update. K&R antigop Jul 2014 #3
Solidarity! marble falls Jul 2014 #4
I am loving the solidarity! sheshe2 Jul 2014 #5
solidarity! n/t BlancheSplanchnik Jul 2014 #6
We need more of this! calimary Jul 2014 #7
The workers refused the Teamster's offer to assist graywarrior Jul 2014 #8
Solidarity! mountain grammy Jul 2014 #9
From a supporter at Tufts graywarrior Jul 2014 #10
PETITION to reinstate Artie T graywarrior Jul 2014 #11
safe link that is exactly that link, HTH the cause ! steve2470 Jul 2014 #16
oh and reinstate the duck ! :p nt steve2470 Jul 2014 #17
Being on the Left Coast, I had to Google this, found a link with more stories, here: NYC_SKP Jul 2014 #12
They're discussing the possibility of all being fired tomorrow. graywarrior Jul 2014 #13
Solidarity and a kick :) nt TBF Jul 2014 #14
solidarity and kick ! nt steve2470 Jul 2014 #15
More great news. brer cat Jul 2014 #18
Hi, graywarrior! rateyes Jul 2014 #19
Bravo! smirkymonkey Jul 2014 #20

sheshe2

(83,576 posts)
5. I am loving the solidarity!
Sun Jul 27, 2014, 09:36 PM
Jul 2014

New England and Massachusetts, our great state is amazing!

We are New Englanders and we have rebellion in our blood. It’s about a mile from Lexington Green to the Burlington store and where our forefathers stood ready to change the world wearing tri-corner hats as they faced the Red Coats, we are on the verge of forever changing the corporate world while outfitted in smocks as we stand facing the Board and Arthur S in their tailored suits.







Thanks graywarrior!!!!!!!!!!!!!!!!!

calimary

(81,040 posts)
7. We need more of this!
Sun Jul 27, 2014, 10:10 PM
Jul 2014

UNIONS, too!!!! For the greater good! It's the muscle behind the worker's efforts, and the vocal cords behind the worker's voice.

graywarrior

(59,440 posts)
8. The workers refused the Teamster's offer to assist
Sun Jul 27, 2014, 10:20 PM
Jul 2014

I believe they think it would alienate them from Artie T. Maybe in the future they might feel differently.

graywarrior

(59,440 posts)
10. From a supporter at Tufts
Sun Jul 27, 2014, 11:02 PM
Jul 2014

A back of the envelope calculation for all of you:

Market Basket's annual revenue is $4.6 billion:

That is roughly $80 million per week. Some weeks are higher than others (eg Christmastime), some are lower (eg vacation time). Let's assume that these past few weeks would normally bring in around $70 million in revenue. Sales are down between 70% and 92%, depending on the source. Using the lower figure, sales are down $50 million ($70 mil times a 70% reduction) in the last week alone.
Fifty million dollars.
$50,000,00.00

Each and every week you guys keep this up, their revenue stream (not profit) is down fifty million dollars. Some of their costs are going down, too, but many other costs are fixed. You're creaming the bottom line.
With that, I'm done with my motivational speech.

graywarrior

(59,440 posts)
11. PETITION to reinstate Artie T
Sun Jul 27, 2014, 11:08 PM
Jul 2014

www.thepetitionsite.com/889/093/719/reinstate-arthur-t-demoulas-as-market-basket-ceo/?taf_id=12146859&cid=fb_na#

Don't know why it won't link. Sorry.

 

NYC_SKP

(68,644 posts)
12. Being on the Left Coast, I had to Google this, found a link with more stories, here:
Sun Jul 27, 2014, 11:41 PM
Jul 2014

.

http://wearemarketbasket.com/

Solidarity!

Great story, great movement, good luck and stay strong!

graywarrior

(59,440 posts)
13. They're discussing the possibility of all being fired tomorrow.
Sun Jul 27, 2014, 11:44 PM
Jul 2014

Customers are rallying and posting things like, "you can't fire us, we quit!"

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