Demoulas Market Basket sales up sharply, opening first of five new stores
SEAFOODNEWS.COM [Boston Globe] By Jack Newsham - October 27, 2014 -
Just a few short months ago, Market Basket was in crisis. A power struggle prompted employees to urge customers to boycott stores, many shelves were empty of fresh food, and the interim management was considering shutting down much of the multibillion-dollar company.
Now, not only has the chain returned to normal operation, but it’s also resumed the break-neck pace that has made Market Basket such a striking success in the supermarket industry.
Sales are up strongly, and the company is poised to open five new stores over the next several months and hire more than 1,000 employees. The new Market Basket store in Revere will have its grand opening this Sunday.
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