Thousands Rallying Outside Market Basket in Tewksbury

[bluedigger]

Source: Boston.com

The Market Basket saga will continue to unfold Friday in two separate settings.

Employees, customers, and supporters of Arthur T. Demoulas, the company’s former CEO whose ouster led to the turmoil facing the company this week, are rallying at the Stadium Plaza store in Tewksbury. We have live updates:

...

Meanwhile, the company’s board is scheduled to meet Friday in Boston. The Boston Globe reports the board is expected to discuss Demoulas’s offer, announced earlier this week, to buy the shares of the company he does not already own from rival family shareholders, including his arch-nemesis and cousin, Arthur S. Demoulas. The Globe reported late Thursday that several other companies have also expressed interest, but it’s unclear how the recent turmoil at the chain has affected that interest.

We’ll update this story as the day progresses.

Read more: http://www.boston.com/business/news/2014/07/25/today-market-basket-rally-board-meeting/latocrQz8XWpGUtzIhnt7L/story.html?p1=ClickedOnBreakingNewsBox

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Lots of pics and tweets in between the copy.

[KurtNYC]

1. Fired CEO makes offer to buy Market Basket

http://boston.cbslocal.com/2014/07/24/fired-ceo-arthur-t-demoulas-wants-to-buy-market-basket/

Customers have stopped shopping at Market Basket stores, known for their rock bottom prices, either because of the limited selection or as a form of protest. Many customers have taken to taping their receipts from competitors on Market Basket store doors.

[canoeist52]

2. Busloads of workers!

https://www.facebook.com/photo.php?fbid=339223872892201&set=pcb.769980056378859&type=1&theater

[greatlaurel]

3. Always shopped at Market Basket when we were near one.

Hope the employees are successful in saving the company. Investors should listen to the employees, who actually run the stores and interact with the customers. The customers will spend money at well-run, clean stores with helpful employees. Market Basket stores were filled with bargains, good produce and nice baked goods.

Good luck to the employees!

Wish we had a Market Basket where we live.

[valerief]

4. This blows my mind. A CEO workers love. Amazing. Sadly, I'll be boycotting Market Basket

until Artie returns. I've spoken to other people in the area who are also boycotting MB. For now, it's Hannaford's or Shaw's.

[TBF]

5. They love him because he actually treats them like people

rather than numbers on a balance sheet. I hope he's successful with his bid.

[drm604]

6. Hopefully this is the start of a trend.

Workers without a union standing up for themselves. It's scary to do something like this, but much easier when everyone else is doing it.

Maybe if this happens often enough and in enough places, employers will decide it's better to have the stability of negotiating tables and union contracts.

[smirkymonkey]

7. K&R!

I really hope Arthur T. and the employees win this one. I have been following this in the local media here in Boston and my heart really goes out to these workers.