Cosi says it will open 80 stores in 2007
November 8, 2006
Editor's note: Cosi reported third-quarter same-store sales dropped 4.2 percent.
Globe News: Though Cosi Inc. reported a loss of almost $2 million in its third quarter, company officials said in a conference call that a plan to boost franchise-owned stores, as well as continued roll out of its next generation store design, will greatly improve revenue in 2007. Cosi has 109 company-owned locations and nine franchisee locations as of the end of the third quarter, in 16 states and the District of Columbia. Officials said they plan to open 80 stores next year.