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A very interesting read. Apparently the board fired the CEO in a hostile take over and store, warehouse and mid-level management demand they rehire him as he is competent and treats them well. So far they are refusing to deliver to stores and stores are supporting the CEO. Oh yeah, no union involved.
1 posted on 07/21/2014 2:53:20 PM PDT by matt04
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To: matt04

Some pictures posted on twitter form the stores
http://www.boston.com/business/news/2014/07/20/market-basket-meltdown-continues-company-fires-employees-shelves-empty-and-customers-tweet-all/pzhvCZAbxk6HUI137mCFnK/story.html


2 posted on 07/21/2014 2:53:46 PM PDT by matt04
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To: matt04

Ahh, I see, wow.

http://en.wikipedia.org/wiki/DeMoulas_Market_Basket


4 posted on 07/21/2014 2:58:24 PM PDT by PieterCasparzen (We have to fix things ourselves)
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To: matt04

Publix ought to open up there and show them how its done.


5 posted on 07/21/2014 3:04:46 PM PDT by eddie willers
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To: matt04

Isn’t Demoulas like about 135 years old?


7 posted on 07/21/2014 3:08:55 PM PDT by Jack Hammer
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To: matt04

So, the employees think that they own the joint?

I got news for them, they don’t.

If I owned it, anyone who refused to do his/her job would be fired. Period. No matter what. There’s plenty of people who will be happy do those jobs with no guff or BS about “how it used to be” or any other rubbish.

All you need to know about this idiotic story is summed up in these four sentences from the article:

“Seventeen state lawmakers signed a letter on Saturday calling for a boycott of Market Basket and expressing support for employees. The number of politicians to have signed that letter has since grown. Attorney General and candidate for governor Martha Coakley issued a statement Sunday calling employees’ actions “inspiring.” Likely Republican gubernatorial candidate Charlie Baker, as well as New Hampshire Senator Jean Shaheen, and New Hampshire Senate hopeful Scott Brown, who formerly represented Massachusetts, have all also offered support to employees.”

17 Democrats, Democrat Coakley, squish-R Baker, Democrat Shaheen, squish-R Brown.

None of them seem to give two hoots about property rights. What a surprise. Which goes a long way toward explaining why Taxachusetts is as screwed up as it is.

Next thing you know, the state of MA will buy it, rename it “Shaheen’s,” rehire all the self-entitled slobs and hacks who were fired in the interest of “fairness,” unionize it, add 3 new layers of management and be in bankruptcy a few years hence.


8 posted on 07/21/2014 3:54:02 PM PDT by AntiScumbag
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To: matt04

Market Basket is successful because they have aggressive pricing. The new leadership will change this and if they do not sell it quickly they will be out of business. Just another grocery chain going into a death spiral.

This is another example of how the men wearing green eye shades destroy a successful business.


12 posted on 07/21/2014 5:16:23 PM PDT by dgbrown
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To: matt04

Profits threaten their livelihood??

huh??


21 posted on 07/24/2014 2:01:54 PM PDT by GeronL (Vote for Conservatives not for Republicans)
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