Market Basket (New England)

DeMoulas Super Markets, Inc., under the trade name Market Basket, is a chain of 90 supermarkets in New Hampshire, Massachusetts, Maine, and Rhode Island in the United States, with headquarters in Tewksbury, Massachusetts.[3]

DeMoulas Super Markets, Inc.
Market Basket
TypePrivate
IndustryRetail (Grocery)
Founded1917 (105 years ago) (1917) in Lowell, Massachusetts, United States
Founder
  • Athanasios Demoulas
  • Efrosini Demoulas
Headquarters,
United States
Number of locations
90
Area served
New Hampshire, Massachusetts, Maine, Rhode Island
Key people
Arthur T. Demoulas (Chief Executive Officer)[1]
ProductsBakery (not available at all stores), Dairy, Deli, Frozen Foods, Grocery, Meat, Health & Beauty Aids, Produce, Seafood, Snacks, Beer & Wine [note 1]
ServicesMarkets Kitchen & Markets Café [note 2]
RevenueUS$4 billion (2015)[2]
OwnersFrances Demoulas, Glorianne Demoulas, Arthur T. Demoulas, Caren Demoulas
Number of employees
25,000 (2014)[3]
ParentDeMoulas Super Markets, Inc.
Websiteshopmarketbasket.com

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]


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