Demoulas, Market Basket
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According to the Market Basket Board of Directors, both Schmidt and Gordon were fired for making false and derogatory remarks about the company and people associated with it, and inappropriate communications with colleagues.
One of Market Basket’s founding family members, Arthur T. Demoulas, is blasting away at the private equity group that has a major ownership stake and he says is ruining the company. The chain has dozens of locations across New England, including two in Rhode Island.