Market Basket, Demoulas
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The board’s executive committee is investigating whether Demoulas was considering plans to lead a work stoppage that could disrupt the supermarket chain’s business.
IT IS the early 1990s. I have not been born yet. The internet is a novelty that may fade away into nothing. You can purchase a home off the dollar menu. The Demoulas family is publicly feuding.
As Market Basket navigates this governance crisis, it underscores the need for family businesses to balance family interests with robust corporate governance to ensure long-term stability and success.