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Arthur T. DeMoulas Releases First Statement On Protests, Work Stoppage

Jul 21, 2014 08:41PM, Published by Bill Gilman, Categories: Business, Today

This button is the new symbol of the DeMoulas employee rebellion. Market Basket employees say that since Arthur T., DeMoulas stretched his neck out for them, they would put their necks on the line for him.

The following is the text of the statement released this evening by Arthur T. DeMoulas, former CEO and president of DeMoulas Supermarkets Inc.

This is the first time I have commented publicly on the recent events at Market Basket. The success of Market Basket is the result of two things: a business model that works and the execution of it by a dedicated and impassioned team of associates. Their fierce loyalty to the company and its customers has always been deeply valued. In the final analysis, this is not about me. It is about the people who have proven their dedication over many years and should not have lost their jobs because of it. I urge that they be reinstated in the best interest of the company and our customers.

— Arthur T. Demoulas

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