What is demoulas super markets? Demoulas Super Markets operates supermarkets and superstores throughout Massachusetts and New Hampshire under the names DeMoulas and Market Basket. Athansios ""Arthur"" Demoulas and his wife Efrosine founded the company as a small grocery store in Lowell, Mass. in 1917.The company is owned and operated by the Demoulas family.What is the history of the demoulas brothers? The business started in 1917 when Athanasios and Efrosini Demoulas open a small food store in "The Acre" (affectionately known as "Acre-Acropolis") in an ethnically-perse part of Lowell.How much did arthur t demoulas buy out his cousin? Arthur T. Demoulas and his family agreed to purchase the 50.5% stake held by cousin Arthur S. Demoulas and his family for $1.6 billion in cash. Arthur T. Demoulas resumed the position of CEO.
Demoulas Super Markets has 812 employees across 10 locations and $5 B in annual revenue in Y 2018. See insights on Demoulas Super Markets including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft.
Demoulas Super Markets runs about 85 grocery stores under the Market Basket banner throughout New England. Market Basket supermarkets has a diverse range of departments which include grocery, produve, dairy and frozen foods, seafood, and meat, among others.
Company profile page for Demoulas Super Markets Inc including stock price, company news, press releases, executives, board members, and contact information