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DeMoulas' Market Basket
DeMoulas Super Markets, Inc., under the trade name Market Basket, is a chain of 90 supermarkets in New Hampshire, Massachusetts, Maine, and Rhode Island in the United States, with headquarters in Tewksbury, Massachusetts. From 1990 through late August 2014, the company was the center of a controversy over ownership and leadership, which culminated in protests receiving international media attention. On August 27, 2014, an agreement was reached between its feuding owners to sell the 50.5% stake of the company owned by the family of Arthur S. Demoulas to his cousin Arthur T. Demoulas for $1.5 billion. History In 1917, Greek immigrants Athanasios ("Arthur") and Efrosini Demoulas opened DeMoulas Market, a grocery store in the Acre neighborhood of Lowell, Massachusetts, that specialized in fresh lamb. In 1938, the store, which operated largely on credit due to the Great Depression, was being threatened with foreclosure. The Demoulases' youngest son, Telemachus, also known as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Portsmouth, New Hampshire
Portsmouth is a city in Rockingham County, New Hampshire, United States. At the 2020 census it had a population of 21,956. A historic seaport and popular summer tourist destination on the Piscataqua River bordering the state of Maine, Portsmouth was formerly the home of the Strategic Air Command's Pease Air Force Base, since converted to Portsmouth International Airport at Pease. History American Indians of the Abenaki and other Algonquian languages-speaking nations, and their predecessors, inhabited the territory of coastal New Hampshire for thousands of years before European contact. The first known European to explore and write about the area was Martin Pring in 1603. The Piscataqua River is a tidal estuary with a swift current, but forms a good natural harbor. The west bank of the harbor was settled by European colonists in 1630 and named Strawbery Banke, after the many wild strawberries growing there. The village was protected by Fort William and Mary on what is now ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
