Wednesday 24 April 2024

Clover Food Lab Is Emerging from Bankruptcy, Announces Expansion Plans

A local restaurant chain that features vegetarian fare is exiting bankruptcy and is now looking to expand.

According to a press release, Clover Food Lab is emerging from Chapter 11 bankruptcy this week, using the time from last November to now to restructure while closing its outlets in Boston's Copley Square and Somerville's Assembly Row along with a Dedham warehouse. They are now looking to add to their current group of 13 restaurants, with the 5-year plan including 47 new outlets (initially opening locations in the Greater Boston area and then elsewhere in New England), focusing on smaller outlets in urban locations and around universities.

The website for Clover (which started out as a food truck by MIT in 2008) is at https://ift.tt/5VrRTPX

[Earlier Article]
Clover Food Lab Has Filed for Chapter 11 Bankruptcy


[A related post from our sister site (Boston's Hidden Restaurants): List of Restaurant Closings and Openings in the Boston Area]


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