date:Aug 25, 2014
ring as chief executive officer in June by a board led by his cousin Arthur S. Demoulas, who controls 50.5% of the company, resulted in revolts by workers and customers that have left empty shelves at the chains 71 stores.
The show of support for a fallen CEO is unprecedented in modern American history, according to Thomas Kochan, a management professor at Massachusetts Institute of Technology.
All parties report that they are optimistic that an agreement will be reached to sell the company to