Embattled grocery chain weighs proposal to buy it

Associated Press
Shoppers encounter empty shelves as they shop Thursday, July 24, 2014 at the Market Basket supermarket in Haverhill, Mass. A decades-long family feud, which brought about the ouster of Arthur T. Demoulas as CEO of the privately held company, led to a worker revolt, customer boycotts and empty shelves in the grocery chain's stores in Maine, Massachusetts and New Hampshire. More than 100 Massachusetts legislators and mayors, Massachusetts Attorney General Martha Coakley, and New Hampshire Gov. Maggie Hassan have publicly supported the employees. (AP Photo)
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WEST BRIDGEWATER, Mass. (AP) — Board members of the beleaguered Market Basket grocery store chain say they will "seriously consider" a proposal from its fired chief executive to buy the company as the chain faces a workers' revolt that has paralyzed the stores.

The board issued a statement Friday after meeting to discuss the company's future as thousands of employees protested the firing of a popular chief executive, Arthur T. Demoulas.

For more than a week, warehouse workers have refused to make deliveries to the chain's 71 stores in Massachusetts, New Hampshire and Maine. Many customers have boycotted the stores in support of the workers.

Arthur T. Demoulas was fired last month by a board controlled by his cousin, Arthur S. Demoulas.

The board said it will evaluate Arthur T's offer, as well as prior offers and future offers.

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