Ousted New England Supermarket President Makes Triumphant Return

Your News Companion by Ben Mathis-Lilley
Aug. 29 2014 10:45 AM

Ousted New England Supermarket President Arthur T. Demoulas Makes Triumphant Return

screen_shot_20140829_at_10.40.55_am
Arthur T. addressing employees Thursday in footage posted by New Hampshire's WMUR.

Courtesy of YouTube

Last month a regional grocery chain in New England—Market Basket—was struck by employee strikes, work slowdowns, and customer protests after popular President Arthur T. Demoulas was fired in a power struggle with his cousin, Arthur S. Demoulas. Arthur T. is well-liked by employees because of his considerate personality and history of generosity with wages and benefits, but has been involved in a long-running family dispute over control of the business in which he's been connected to some shady dealings. For now, though, things seem to have gone Arthur T.'s way again—he's signed a deal to buy Market Basket from his cousin, regaining control of the company. From the Boston Globe:

Market Basket’s shareholders announced the deal at 11:15 p.m. after several days of suspenseful negotiations. Arthur T. Demoulas and his sisters will buy the shares of their cousin Arthur S. Demoulas and other relatives on his side of the family, who collectively own 50.5 percent of the company.
Advertisement

The degree to which workers love Arthur T. is really quite astounding given our present age of income inequality and, like, the history of capitalism:

“I’m elated. I’m elated. That is awesome,” said Andy Lien, a director of the chain’s perishable warehouse in Andover who led workers who walked off the job in July.
“It’s just fantastic,” said Ann Rogers, 55, a protesting employee who worked in the company’s accounts payable department. “I’ve been working with this company for 28 years, and this has been hanging over the company’s head the whole time. This fight was absolutely worth it.”

Arthur T. and the rest of Market Basket now begin the process of restoring the chain's operations, which have been significantly interrupted by the weeks of labor strife and uncertainty.

Ben Mathis-Lilley edits the Slatest. Follow @Slatest on Twitter.

TODAY IN SLATE

Medical Examiner

Here’s Where We Stand With Ebola

Even experienced international disaster responders are shocked at how bad it’s gotten.

It’s Legal for Obama to Bomb Syria Because He Says It Is

Divestment Is Fine but Mostly Symbolic. There’s a Better Way for Universities to Fight Climate Change.

I Stand With Emma Watson on Women’s Rights

Even though I know I’m going to get flak for it.

It Is Very Stupid to Compare Hope Solo to Ray Rice

Building a Better Workplace

In Defense of HR

Startups and small businesses shouldn’t skip over a human resources department.

Why Are Lighter-Skinned Latinos and Asians More Likely to Vote Republican?

How Ted Cruz and Scott Brown Misunderstand What It Means to Be an American Citizen

  News & Politics
View From Chicago
Sept. 23 2014 11:39 AM Obama Can Bomb Pretty Much Anything He Wants To The real constraint on a president’s war-making powers is political, not legal.
  Business
Business Insider
Sept. 23 2014 10:03 AM Watch Steve Jobs Tell Michael Dell, "We're Coming After You"
  Life
The Eye
Sept. 23 2014 11:33 AM High-Concept Stuff Designed to Remind People That They Don’t Need Stuff  
  Double X
The XX Factor
Sept. 23 2014 11:13 AM Why Is This Mother in Prison for Helping Her Daughter Get an Abortion?
  Slate Plus
Slate Plus
Sept. 22 2014 1:52 PM Tell Us What You Think About Slate Plus Help us improve our new membership program.
  Arts
Brow Beat
Sept. 23 2014 11:48 AM Punky Brewster, the Feminist Punk Icon That Wasn’t
  Technology
Future Tense
Sept. 23 2014 10:51 AM Is Apple Picking a Fight With the U.S. Government? Not exactly.
  Health & Science
Bad Astronomy
Sept. 23 2014 11:00 AM Google Exec: Climate Change Deniers Are “Just Literally Lying”
  Sports
Sports Nut
Sept. 18 2014 11:42 AM Grandmaster Clash One of the most amazing feats in chess history just happened, and no one noticed.