DeMoulas Super Markets, Inc. Security Rating
shopmarketbasket.com- Industry Retail
- Footprint 32 IPs
- Followers Monitored by 32 companies 0
- Employees 1K
Market Basket is distinguished from its competitors by providing the lowest prices. According to a 2013 study by Consumers' Checkbook, Market Basket's prices were on average about 20% lower than their competitors. In their 2014 ratings, Consumer Reports ranked Market Basket at #6 among national supermarkets.As of August 2016, Market Basket currently operates 77 stores. The chain's footprint has expanded greatly in the past decade, and now encompasses an area stretching from Cape Cod to southern Maine, just shy of the Vermont and Rhode Island state lines. The first Maine location opened in Biddeford in August 2013. New projects were stalled from 2013 to 2014 due to disputes between company president Arthur T. Demoulas and chairman Arthur S. Demoulas. After Arthur T. Demoulas gained control of the company in August 2014, he announced that he hoped to open two or three of these stores by the end of the year. The first new store to open since the sale to Arthur T., located in Revere, opened on October 26, 2014. A new store in Littleton opened on November 8, 2014, coinciding with the closing of the old Westford store. The newest store opened on August 7, 2016, in Rochester, New Hampshire.
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