After closing 30 stores, sandwich chain Cosi files for bankruptcy with plans to grow its catering business. ... Its catering business thrived, while its core business of operating fast-casual dine-in restaurants has continued to sputter, even after emerging from bankruptcy in 2017.25 feb 2020
Who bought Cosi?
The chain, which once had been publicly traded, emerged from that process in 2017 under new ownership led by Andrew Berger and Lloyd Miller III. Cosi lost approximately $7 million last year on net sales of $40 million, according to a declaration filed with the court by Cosi General Counsel Vicki Baue.25 feb 2020
How many Cosi locations are there?
20noviembre de 2020
Why did Cosi fail?
Cosi said it did not respond rapidly to "macro" trends or its own debt crisis. The board fired CEO Robert Dourney in August and blamed him in the bankruptcy filing for "extensive" failures to recognize the severity of Cosi's financial troubles.28 sept 2016
Does COSI have coffee?
Our coffee roasters give a light roast and a coarse grind for these Latin American and East African coffees, ensuring that all that heart and soul shines through in this espresso coffee capsule. In the cup, you'll taste that delicate and balanced pairing of fruity flavours on lightly-toasted cereal notes.