Restaurant Job Resource - Cosi Restaurant News

The agreement calls for Fast Casual S.A. to develop five locations over five years beginning with their first location expected to open later this year.

Così, Inc. (NASDAQ: COSI) reported a net loss for the fourth quarter ended January 2, 2012 of $(2,274,000), or $(0.04) per basic and diluted common share, compared with a net loss of $(2,784,000), or $(0.05) per basic and diluted common share in the fourth quarter of 2010.

Così, Inc. (NASDAQ: COSI) announced that it has received notice from the Listing Qualifications Department of The Nasdaq Stock Market that the Company has regained compliance with the Nasdaq Listing Standards by curing the Company's bid price and Market Value of Listed Securities deficiencies.

This agreement on the heels of Carin Stutz's appointment as the new President and CEO of Così, and is part of her aggressive plan to drive sales and profitability.

Così, Inc. (NASDAQ: COSI) reported that total revenues for the 2011 fourth quarter increased by $838,000 to $26,193,000 compared to $25,355,000 for the 2010 fourth quarter. The 2011 fourth quarter included one extra week of revenues versus the 2010 fourth quarter.

Cosi, Inc. (NASDAQ: COSI)announced the appointment of Carin L. Stutz as the company's new Chief Executive Officer and President beginning January 1. She also will join the Cosi Board of Directors.

Così, Inc. (NASDAQ: COSI) reported that system-wide comparable restaurant sales for the 2011 third quarter as measured for restaurants in operation for more than 15 months decreased by 3.0% when compared to the third quarter of 2010.

Brad Blum Proposes Shareholder Democracy Movement; Files Form 13D with Securities and Exchange Commission

A Search Committee of the Board of Directors has been created, which will oversee the process for the identification and selection of a new Chief Executive Officer.

second quarter. Company-owned net restaurant sales were $26,113,000 for the second quarter compared to $28,589,000 for the 2010 second quarter with the resulting $2,476,000 decline related primarily to the sale of thirteen Company-owned restaurants to a franchisee during the second quarter of 2010.