Demoulas Market Basket Statistics and Facts (2023)
Last Updated on: March 9th, 2023
Here are a few of the most interesting Demoulas Market Basket statistics and facts I was able to dig up including store count, revenue totals and employee counts. As always, be sure to check back in the future as I will be updating this post as new and updated stats become available.
Demoulas Market Basket Facts
Here is pretty much everything you ever wanted to know about Demoulas Market Basket.
- Website: Official Website
- Year Founded: 1917
- Headquarters: Tewksbury, MA
- Founder(s): Athanasios and Efrosini Demoulas
- Current Chief Executive: Arthur T Demoulas
Demoulas Market Basket is a chain of grocery stores headquartered in Tewksbury, Massachusetts, USA. The company was founded in 1917 by Greek immigrant Athanasios “Arthur” Demoulas and has since grown to become one of the largest privately held grocery store chains in the United States.
Demoulas Market Basket stores offer a wide range of grocery items, including fresh produce, meat, seafood, bakery items, and prepared foods. The company is known for its commitment to low prices and high-quality products, as well as its customer service and employee satisfaction.
Demoulas Market Basket has a unique corporate structure that places a strong emphasis on employee ownership and participation. The company is operated by a board of directors made up of current and former employees, and employees are eligible to participate in a profit-sharing plan.
In recent years, Demoulas Market Basket has faced a series of controversies and labor disputes, including a highly publicized employee walkout in 2014 in support of Arthur T. Demoulas, who was ousted as CEO by his cousin, Arthur S. Demoulas. The company has since been embroiled in legal battles over ownership and control, but continues to operate its stores and serve its customers.
Overall, Demoulas Market Basket is a well-known and respected grocery store chain that is known for its commitment to low prices, high-quality products, and unique corporate structure that emphasizes employee ownership and participation.
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Please note that some of these numbers are easier to find than others. A few of these Demoulas Market Basket statistics come from their own reports, but some are based on news reports and not official company tallies. No information contained on DMR should be relied upon to make investment decisions. Basically, this is the best I can find and I don’t guarantee anything to be 100%.
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