AFTER THE TRAGEDY

Here in New England, the battle for control of the Market Basket supermarkets remains the biggest news story – but with a storybook twist. Rather than ending up as another soulless corporate bottom-line victim, there’s been a resurrection.

The bitter DeMoulas family feud finally led to an agreement less than a week ago in which the Good Guy (aka Arthur T) buys out the other half for roughly $1.5 billion. Ownership stays here at home. And, yes, there have been cheers all around in this remarkable alliance of stakeholders – managers, workers, loyal shoppers, and their communities – against the faction that fired the Good Guy and his visionary leadership.

The boycott held through August. The parking lots were vacant. Workers saw their hours cut. Some managers were fired … and now they’re back.

There’s almost a party atmosphere in the stores, but nobody’s slacking. Managers began showing up to work at midnight just an hour after reports of the agreement surfaced. Suppliers offered to deliver goods directly to the stores, rather than the distribution center, to speed the restocking of depleted shelves.

Many details remain to be ironed out, and a lot of damage will take time to repair. But at least there’s also a rainbow.

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