Bertucci’s Files For Bankruptcy
The Massachusetts based Bertucci's, which is most commonly know for its brick oven pizza, filed for Chapter 11 bankruptcy protection on Sunday.
Bertucci's was founded by Joey Crugnale in Somerville, MA in 1981. New CEO, Brian Wright, took over in 2016 to help in the fight against fast casual chains.
Bertucci's has about 4200 workers with 59 stores and is currently in debt to the tune of $119 million, according to masslive.com.
There are Bertucci's in Amherst, Andover, Attleboro, Beverly, Braintree, Brockton, Cambridge, Canton, Chelmsford, Framingham, Hingham, Holliston, Lexington, Longmeadow, Mansfield, Marlborough, Medford, Needham, Newton, North Andover, Norwood, Peabody, Plymouth, Randolph, Reading, Swampscott, Taunton, Waltham, Wayland, West Roxbury, West Springfield, Westborough and Woburn.
The Faneuil Hall and Kenmore Square locations were recently closed, and others may close soon.
Today's filing is expected to be seamless for Bertucci's guests, trading partners and vendors, and result in minimal disruption to its operations, allowing us to strengthen the company's financial structure and position it for significant future growth. We are grateful for the service and loyalty of our team members and are looking forward to focusing on a return to Bertucci's roots: authentic, high quality, fresh ingredients that guests and team members alike crave and care about. -CEO Brian Wright
The closest Bertucci's to The Berkshires is in Longmeadow, at The Longmeadow Shops and Riverdale St. in West Springfield.