MARKET BASKET CASE QUESTIONS
For those unfamiliar with Market Basket, it’s a small, regional grocery chain with 71 stores in Massachusetts, New Hampshire, and Maine. For decades, two members of the family that owns Market Basket—Arthur T. Demoulas and Arthur S. Demoulas—have been fighting for control of the business. In late June of this year, Arthur S. and other board members fired then-CEO of Market Basket, Arthur T. Less than one month after Arthur T.’s removal, Market Basket employees began protesting the move. As of this writing, it’s nearly two weeks into the protests, which have left store shelves empty of products, rallied customers on the side of the protesting employees, and even prompted some elected officials to weigh in.
CASE QUESTIONS:
What CHANGES needed to be made immediately?
What CHANGES focused on long-term business plans?
Were these CHANGES consistent with the goals Arthur T. set forth?