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Story summary
- Clover will end restaurant service and meal-box delivery after Thursday, May 28, 2026, closing its 12 sites and cutting about 170 jobs.
- Bankruptcy filings show $792,000 in assets versus $3.85 million in liabilities, ingredient costs up 30 %–50 % in two years, payroll down 43 %, and a $1.8 million 2023 raise that could not cover lease payments.
- Investors Ron Shaich and John Pepper said high-cost leases and over-expansion made the business unsustainable.
