"According to multiple industry sources, the Red Sox have sent Jon Lester and Jonny Gomes to the Athletics in exchange for power hitting outfielder Yoenis Cespedes."To read complete WEEI story click here
KidFrank.com "Arthur T. Demoulas on Wednesday said he will make an offer to buy the Market Basket supermarket chain, seeking to regain control of the fractured company and end the decades-long family feud that has exploded into an extraordinary public spectacle this month.
Demoulas said in a statement that he and his side of the family will try to buy the 50.5 percent of Market Basket now controlled by opposing relatives who supported his firing last month as president of the company.
“We believe that our offer is a very full and fair one and should meet or exceed a seller’s expectations of the value of the company,” the statement said. “We care deeply about Market Basket and all of our associates and we want to work together to return the company to its successful model for serving our loyal customers. Those who received the offer need to consider the matter, so we are not in a position to comment further at this time.” " To continue reading story on BostonGlobe.com click here
KidFrank.com"So back then(1916), a Greek immigrant named Athanasios “Arthur” Demoulas and his wife start a tiny grocery in Lowell selling fresh lamb. American dream, y’all!
They do this forever, and being a family business eventually pass it off to two of their sons Telemachus (or Mike, because no one can pronounce Telemachus) and George. The brothers expand the business to a supermarket chain of more than a dozen stores in the 50s and 60s. It’s going well, right? Until George dies of a heart attack on vacation in Greece in 1971. Then sh!t starts getting real."...To continue reading on "The Gloucester Clam" click here
KidFrank.com"This is the first time I have commented publicly on the recent events at Market Basket. The success of Market Basket is the result of two things: a business model that works and the execution of it by a dedicated and impassioned team of associates. Their fierce loyalty to the company and its customers has always been deeply valued. In the final analysis, this is not about me. It is about the people who have proven their dedication over many years and should not have lost their jobs because of it. I urge that they be reinstated in the best interest of the company and our customers."
In my travels around to Massachusetts and New Hampshire Market Basket stores over the past week, I have seen many signs supporting Artie T. Demoulas. Also I have seen many signs explaining and apologizing for shelves being bare, but this is the first sign I have seen that prohibits the use of cameras, phones or any recording device.
KidFrank.com"Mass Firings via Courier
This afternoon Tom Trainor, Tom Gordon, Steve Paulenka, Jim Lacourse, Joe Schmidt and Mike Kettenbach all
received termination letters via courier informing them that they have been terminated
from their positions. Others await a similar knock on their door."*Screen Shot from "Save Market Baket" Facebook page
KidFrank.com "James Garner, the wry and handsome leading man who slid seamlessly between television and the movies but was best known as the amiable gambler Bret Maverick in the 1950s western “Maverick” and the cranky sleuth Jim Rockford in the 1970s series “The Rockford Files,” was found dead of natural causes in his California home on Saturday night, Officer Alonzo Iniquez of the Los Angeles Police Department told The Associated Press on Sunday. He was 86.
Mr. Garner, who smoked for most of his life, even after open-heart surgery in 1988, had suffered a stroke in 2008.
Mr. Garner was a genuine star but as an actor something of a paradox: a lantern-jawed, brawny athlete whose physical appeal was both enhanced and undercut by a disarming wit"...To continue reading on NYTimes.com click here
From what I can gather right now after talking to many vendors and employee at five Market Baskets in the Merrimack Valley. Most Market Basket managers are meeting right now, and if Artie T. Demoulas is not reinstated as CEO by 4:30PM today July 17th , the perishables warehouse will shut down, but stores would remain open.
KidFrank.comAs we reported earlier this week on KidFrank, Market Basket employees are ready to walkout, they have issued an ultimatum to the board of directors of the company. Below is from a "New England Cable News" story published earlier today " "An ultimatum has been given and workers at "Market Basket" are fighting to bring their old boss back.
Employees are demanding that the company's board reinstate ousted CEO Arthur T. Demoulas...to read the rest of the NECN story click here"
KidFrank.comKidFrank.com has learned from multiple sources that most Market Basket store managers and corporate office employees plan to walk off the job this week in protest. We can't confirm what day it will be, but all signs point to tomorrow morning Monday July 14th. All this comes three weeks after the firing of Arthur T. Demoulas and two other top executives. Market Basket employees are very disapointed and are protesting the new direction the company has taken in hiring two long time grocery executives to lead the company.