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Statement by Arthur T. Demoulas

Arthur T. DemoulasDemoulas family/Demoulas Family

Below is the full text of former Market Basket president Arthur T. Demoulas’s statement:

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