Cosi in Boston's Back Bay Has Closed
A local chain of dining spots known in part for its flatbreads and sandwiches has closed one of its shops in Boston.
According to a Twitter post from @BostonHurricane, Cosi on Boylston Street in the Back Bay is no longer in operation, with a sign out front saying "Our restaurant is closed. We truly appreciate your patronage and we apologize for any inconovenience." It appears that the chain's other locations on Federal Street, High Street, Milk Street, and State Street in downtown Boston--along with South Station, the Seaport District, Logan Airport (2), and Cambridge's Kendall Square--remain open, though we are still trying to confirm.
Last December, we reported that the Cosi chain received a warning from the Nasdaq Stock Market that it faced a delisting because its common stock closed below $1.00 for 30 consecutive business days, though Globenewswire mentioned this past May that it now has until November to reach the $1.00 threshold for a minimum of ten consecutive business days during this grace period. (Cosi's stock closed at $0.17 today.)
Cosi, which started out in the mid-1990s and is currently headquartered in Boston's Downtown Crossing, has approximately 100 locations across the country.
The address for this now-closed eatery in the Back Bay was: Cosi, 399 Boylston Street, Boston, MA, 02116. The website for the chain is at https://getcosi.com/
Cosi Faces Possible Stock Delisting
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[A related post from our sister site (Boston's Hidden Restaurants): List of Restaurant Closings and Openings in the Boston Area]