Così closes restaurants, cuts staff in turnaround effort

Così closes restaurants, cuts staff in turnaround effort

Fast-casual operator trims costs as it looks to boost stock price

Così Inc. has restructured operations and cut 11 employees while kicking off plans to close four restaurants — and perhaps more — as the struggling company works to rebuild its weak cash position, the fast-casual operator said this week.

The moves come despite improving sales at the Boston-based operator. Così same-store sales rose 0.7 percent systemwide in the fourth quarter ended Dec. 28, including a 2.1-percent increase in December, the company said Wednesday.

But t

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