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Bankruptcy proves to be another problem for the PPP fund

Why can TooJay’s get Paycheck Protection Program loans but Cosi can’t? The fund’s rules appear to be inconsistent, says RB’s The Bottom Line.


Cosi sues the SBA over PPP funds

The fast-casual concept is taking issue with the agency’s requirement that a company can’t be in bankruptcy to receive funds, even though other companies filed for protection after receiving approval.

It’s the fast-casual chain’s second Chapter 11 filing since 2016.

The fast-casual chain’s latest Chapter 11 filing reveals ongoing funding drama for the long-struggling chain.

The long-struggling fast-casual chain has been closing locations throughout New England in recent weeks.

Cosi and the company’s founder are trying to buy the closed chain’s trademarks.

One of the downsides of my job is watching the very public divorce of a chain and a top executive whose proven abilities have earned your respect for years. Few of those breaks have been as painful to witness as Wednesday’s parting of Cosi and its CEO for just a short stretch, Carin Stutz.

Step aside, umami. There’s a new taste in town.

As part of the fast casual’s turnaround, it’s rolled out an incentive program modeled after one used at the chicken chain.

The struggling chain is changing top management after another bad quarter.

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