Market Basket To Open First Of Five New Stores

Just a few short months ago, Market Basket was in crisis. A power struggle prompted employees to urge customers to boycott stores, many shelves were empty of fresh food, and the interim management was considering shutting down much of the multibillion-dollar company.

Now, not only has the chain returned to normal operation, but it’s also resumed the break-neck pace that has made Market Basket such a striking success in the supermarket industry. Sales are up strongly, and the company is poised to open five new stores over the next several months and hire more than 1,000 employees.

“Everything seems to be on track,” said Kevin Griffin, a grocery industry analyst, who estimated that sales across the chain are up 10 percent over the previous year. “The biggest challenge was trying to put Humpty Dumpty back together again.”

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