Shareholder Greed

Rumor was rampant today of a 5pm deadline for an offer submitted by ATD’s side of the family to buy out all of ASD’s side. That rumored deadline came and went with no announcement so we presume an extension was granted. We have been anticipating a deal all week as we continue on with our protests and boycotts and each day has come and gone with no resolution to this. The CEOs have issued more threats to our livelihoods and our customers have shoved them right back in their face as they continue their unwavering support for our cause.

This is no longer about F&G. It’s no longer about the Board. The blame for the lack of a deal and the continuing of the crisis rests solely on the shoulders of Arthur S. Demoulas, Fotene Demoulas, Diana Merriam and Rafaela Evans Demoulas. It is their greed, plain and simple, that is drawing this story on and preventing 25,000 associates and 2 million customers from returning to the company they love. The company they built. The company that enriched these shareholders while they sat back and collected airplanes, cars, interior design firms and vineyards. We have no idea what the dollar amount is on the offer but we can be sure it is more than fair. How many more dollars need to be tacked on in order to satisfy these people?

We can no longer simply blame the face of all this, Arthur S, though he is plenty blameworthy. His sisters, Fotene and Diana, and his estranged ex-sister in law, Rafaela, are front and center along with him as they drive the greed bus. Any one of them could help end this, but not one of them has. They want more money and they seemingly want to see the asset that they are selling, OUR COMPANY, crumble before they cash in on it. Think about how twisted that is, they are leveraging ATD’s love of the company and his people to drive up the price as they watch the actual value of it being destroyed because of their decisions.

Do you think they have an ounce of compassion for the associates or the customers? Do you think they care whether or not we have spent our lives with this company or that we save thousands of dollars shopping there?

THEY DON’T. They grew up here and some of them still live here but they are so far removed from who we are and what we stand for they may as well have grown up on another planet. We call on them to accept the offer and to do it tomorrow. Take your hundreds of millions and GO AWAY! We will not waver in our commitment to each other and to our demands until you do. Our protests will continue, our boycotts will continue and before long your asset will be worthless. For the greater good of all the communities in New England that this company serves, accept the offer.

Your faces and names forever will be attached to the outcome of this deal. You are not only destroying the cousins you so despise by dragging this on for a few pennies more but you are also destroying a cherished way of life for every single one of us.

Arthur S. Demoulas, Fotene Demoulas, Diana Merriam and Rafaela Evans Demoulas, this story is yours to write an ending to. Only you can limit the damage done to your names and your reputations.

Shout out those names. Maybe if we do it loud enough they will finally realize that we exist and that their greed is killing us.

Customers, please come join us tomorrow at our store rallies or at our HQ rally where we’ll have music and food along with our dogged determination to win this battle versus their unrelenting greed.

Tonight on MSNBC

Tom Trainor will be on All In with Chris Hayes tonight on MSNBC tonight sometime between 8-9. Set your DVRs!

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F&G Don’t Care What Customers Think

The latest “threat” to replace associates who have walked off the job (this is the third time) with permanent replacements shows that the Board and F&G haven’t heard our beloved customers collective voice or worse, they could care less what you think. You have been all over social media and also you have voted with […]

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F&G’s Latest Statement

As posted on the MyDemoulas page on FaceBook, here is the statement from F&G. Understand that they have a company to try and run while the BOD and Shareholders try to hash out the selling of it. No doubt they have been told to go back and do their jobs even though their status is […]

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O’Neill and Associates

We all enter Wednesday with resolve as strong as it has been since day one. It hurts every single one of us to have to do what we are doing to our beloved company but we know it is the right thing for the long term bigger picture. We hope the proper resolution comes today […]

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We Need Everyone

We fully understand people not wanting politicians involved in this but we believe that all stakeholders should be applying pressure on the BOD. Associates, customers, vendors and the elected officials who serve us. We need Every voice to be heard. Our battle has been all-inclusive from the start and we will always encourage those who […]

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Rafaela

We have heard the rumors that Rafaela Evans Demoulas is in town. She is the key to this whole story. It was she who switched voting allegiance from ATD’s side to ASD’s a little over a year ago in order for her to find a quick path to liquidation so that she could be free […]

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Amnesty is a Lie

Friday evening, F&G released their statement in which they let all workers know that if they returned to work on Monday they would be welcomed back with full amnesty. As always with F&G, they can’t help but lie every time they speak. As some workers at the Andover warehouse tried to report for work this […]

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Please Consider Donating

We Are Market Basket set this Go Fund Me page up for the administrative assistants, office clerical workers, truck drivers and warehouse workers and we are very pleased with the donations that it has received to date. As we write this we are nearing $40,000. THANK YOU to all who have been kind enough to […]

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Rebels With a Cause

On June 29 we posted an article we titled “Resistance” and it served as a challenge to all that our time was at hand to take action so that we could save the company. We now stand together, customers and associates alike, in the midst of a resistance the likes of which has never been […]

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