Workers and managers at a Massachusetts supermarket chain walked off the job. They left because the boss was fired. The firing was the result of a long time family feud.
The company is called Market Basket. It is a popular chain with 71 stores and 25,000 workers in New England states.
The Demoulas family owns the Market Basket Company. Two cousins – Arthur T. and Arthur S. Demoulas – are on different sides. One controls 50.5 percent of the stock of the company. That is Arthur S. He got one member of the board to switch her vote to fire Arthur T.
The workers liked Arthur T. very much. He sent them birthday cards and asked about their families. He went to funerals, christenings and weddings. Workers felt they were part of a big family.
When he was fired, the workers and managers went into action by walking out. Today, politicians, the media and public opinion are on the side of the workers.
Nobody knows how it will end. The company fired 8 supervisors who support the walkout.
Arthur T. has now made an offer to buy the company. It is worth around $3 billion.
The walkout has caused the company to lose a great deal of business. Customers are going to other markets. Shelves in the produce and meat departments are almost empty.
It is very rare for something like this to be happening. Boards do not usually worry about workers when they make big decisions. Workers do not usually walk off the job when the boss is fired.
All of New England is watching to see how this turns out.
Source: The Boston Globe July 24, 2014