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Those Prices And They Weren't Making A Profit
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High-end sandwich chain Cosi has filed for Chapter 11, and they've abruptly closed some stores as a result, but the interesting part is that they say they haven't had an annual profit since 1998. That's 18 years of losses. 18 years? Seriously? That doesn't bode well for the future, does it? The lenders are likely to buy the chain and keep it going, but if they haven't made money in almost 20 years.... (AP via Boston.com)
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