Photo courtesy Market Basket.
Market Basket, a regional supermarket chain in New England, is the subject of a long-running, seemingly ever-escalating conflict. The Boston Globe has comprehensive coverage here, and Boing Boing reader MikeTheBard shares background on the story in this BBS thread.
Here's the situation:
Market Basket, a New England supermarket chain that Consumer Reports
named the 6th best in the country, has been all over the news in the
Northeast for the last couple months.
After a long family feud, the majority stockholders fired their
cousin, longtime CEO Arthur T DeMoulas. He had built the business on
low prices, high wages, and ZERO company debt- All employees get
profit sharing and a livable wage, and many have been with the company
20, 30, even 50 years.
Arthur T. was replaced with the former president of Radio Shack, with
an evident goal of strip mining the wealth from the company--raising
prices, cutting benefits, loading up with debt, and selling off real
estate--in order to pay out higher stock dividends to the controlling
The employees revolted. Top executives walked off the job and picketed
in front of headquarters. Employees from managers to baggers are
using their vacation time to protest outside stores. 68 out of 71
managers have pledged to quit unless Artie T is reinstated or allowed
to purchase the remaining 51% of the family-owned company. Deliveries
have stopped and twitter is full of photos of completely bare shelves.
The board has responded with termination letters and threats.
PLEASE, PLEASE take a look at some of the links I've provided in the
thread. This is the working class fighting back, and it looks like
they will either win, or make sure EVERYBODY loses equally.
"Class War in Progress- Market Basket Update
," and more info in this previous thread
. [Boing Boing BBS]
Where are our petabyte drives? Brian Hayes takes us through the reasons storage is “stuck” in the low terabytes. The tl;dr is that we got such exceptional capacity growth in the late 90s and early 00s we don’t need much more right now, so the focus since then has been on SSDs, networking, interfaces, etc, […]
Amélie Lamont, a former staffer at website-hosting startup Squarespace, writes that she often found herself disregarded and disrespected by her colleagues. One comment in particular, though, set her reeling — and came to exemplify her experiences there.
In this episode of the Flash Forward podcast we travel to a future where humans have decided to eradicate the most dangerous animal on the planet: mosquitos. How would we do it? Is it even possible? And what are the consequences? Flash Forward: RSS | iTunes | Twitter | Facebook | Web | Patreon We […]
Why buy one of those expensive and confusing universal remotes, clogged with enough buttons to launch a space shuttle, when you could accomplish the same electronic control right on your favorite mobile device? The Blumoo Universal Remote, now just $52.99 in the Boing Boing Store, harnesses the audio power of all your household equipment right […]
You may not love Microsoft Word, but you’ve definitely used it. Other than being one of the most ubiquitous programs on the planet, it’s been the go-to word processing system for more than a quarter-century because it’s as basic as it gets. But occasionally, you’ve got assignments that beg for a lot more options than simple […]
Almost everyone has their smartphone in a case of one kind or another. Beyond simple protection, finding a case that can charge your phone on its own, but doesn’t feel like it’s also adding a couple pounds to the phone’s weight is the tricky part. Billed as the world’s thinnest battery case, the ThinCharge iPhone […]