Tuesday, February 25, 2020

Cosi files for bankruptcy protection, has closed 30 units

Restaurant Business
Fast-casual chain Cosi filed for Chapter 11 bankruptcy protection Tuesday, its second such filing since 2016.

The Boston-based soup-and-sandwich brand closed 30 units in December, as part of a restructuring effort, and said it is boosting its catering program “to better align with current customer dining trends,” according to a statement.. . . more