Boston, MA
Boston burrito chain Boloco is closing most of its stores by year’s end – The Boston Globe
All three closures come as the stores’ current leases are set to expire, and Pepper said he decided not to renew.
“The end of lease terms are big decision points,” he told the Globe Friday. “We’ve got to do upkeep and renovations and make a lot of investments. And so at a certain point, you kind of make a decision that it might be time to call it.”
The two remaining Boloco locations — one at Boston Children’s Hospital (283 Longwood Ave.) and one in Hanover, N.H — will “remain open for the time being,” the email to customers said.
“The leases are not long-term right now,” said Pepper, who noted the Hanover location in particular is struggling to attract full-time staff.
It’s been a grueling three years for the quarter-century-old fast-casual chain, which suffered mightily during the COVID-19 pandemic as many of its locations faced prolonged closures. Foot traffic from loyal customers — mainly office workers and college students — was decimated by remote work and school. Food costs soared.
The company nearly declared bankruptcy in 2020, but was saved by the second round of the Paycheck Protection Program, when it secured nearly $1 million in early 2021. They succeeded in renegotiating most of their leases to pay rent as a percentage of sales, but lost their Lynnfield and Atlantic Wharf storefronts in the process.
Since federal aid has dried up, Pepper and his team have “exhausted all efforts” to find a way to keep Boloco slinging its popular burritos, bowls, and salads. They were negotiating an acquisition by Streetlight Ventures — an investor in local establishments like Upper Crust Pizzeria and Anna’s Taqueria — but that fell apart at the end of 2021. They have also explored acquiring other brands “as a way to instill some energy” in the company, Pepper said, but nothing has come to fruition.
“The other thing I really contemplated and brought up was, literally, not even selling the business, but handing it over to some of our longtime employees,” said Pepper. “But it’s just too big of a liability for many people — because it can really take its toll.”
Higher labor costs have also proven difficult for the progressive company, which has a reputation of paying well above the state minimum wage. But as wages have climbed broadly amid the tight labor market, “we’re no longer differentiated like we once were,” said Pepper, though he added he is heartened by the trend.
Despite the “hangover effect” from the pandemic, Pepper said, 2023 has been a “great year,” with sales at all the locations besides Berklee recovering to 2019 levels. Catering — which will continue after the closures — has also proven to be a bright spot.
But it wasn’t enough. “We didn’t disappear immediately, but I think I think we sort of lost some of our enthusiasm about continuing on indefinitely,” Pepper said. “The so-called 50-year plan didn’t look as attractive anymore.”
Pepper, along with three other cofounders, launched Boloco (then named Under Wraps) in 1997, with its first location just steps from the current Berklee storefront. At its peak in 2013, Boloco (which stands for Boston Local Company) had 22 locations across New England, Maryland, and Washington, D.C.
Boloco currently employs about 70 workers, Pepper said. Seven people will be out of work following the Berklee closure, Pepper said, but he is committed to “making sure everybody is positioned for not just another job, but a better job.” Some workers are transitioning to other locations, “but at some point, that ends,” Pepper said.
A Starbucks will be moving into the Boston Common location, Pepper said, but what will come of Boloco’s other erstwhile real estate is yet to be seen. Pepper said he helped orchestrate the Starbucks lease and has been in touch with other restaurant operators who he thought might be interested in taking over the other locations, but no one has emerged yet.
“They’re fighting their own battles,” he said.
Dana Gerber can be reached at dana.gerber@globe.com. Follow her @danagerber6.
Boston, MA
Below freezing temperatures again today
The winds are still going Wednesday, but the air temperatures remain at respectable levels. Highs will manage to weasel up to 30 in most spots. It’s too bad we’re not going to feel them at face value. Instead, we’re dressing for temps in the teens all day today.
Thursday and Friday are the picks of the week.
There will be a lot less wind, reasonable winter temperatures in the 30s and a decent amount of sun. We’ll be quiet into the weekend, as our next weather system approaches.
With mild air expected to come north on southerly winds, highs will bounce back to the low and mid-40s both days of the weekend.
Showers will be delayed until late day/evening on Saturday and into the night. There may be a few early on Sunday too, but the focus on that day will be to bring in the cold.
Highs will briefly sneak into the 40s, then fall late day.
We’ll also watch a batch of snow late Sunday night as it moves up the Eastern Seaboard.
Right now, there is a potential for some accumulation as it moves overhead Sunday night and early Monday morning.
It appears to be a weak, speedy system, so we’re not expecting it to pull any punches.
Enjoy the quieter spell of weather!
Boston, MA
Boston City Councilor will introduce
BOSTON – It could cost you more to get a soda soon. The Boston City Council is proposing a tax on sugary drinks, saying the money on unhealthy beverages can be put to good use.
A benefit for public health?
“I’ve heard from a lot of residents in my district who are supportive of a tax on sugary beverages, but they want to make sure that these funds are used for public health,” said City Councilor Sharon Durkan, who is introducing the “Sugar Tax,” modeled on Philadelphia and Seattle. She said it’s a great way to introduce and fund health initiatives and slowly improve public health.
A study from Boston University found that cities that implemented a tax on sugary drinks saw a 33% decrease in sales.
“What it does is it creates an environment where we are discouraging the use of something that we know, over time, causes cancer, causes diet-related diseases, causes obesity and other diet-related illnesses,” she said.
Soda drinkers say no to “Sugar Tax”
Soda drinkers don’t see the benefit.
Delaney Doidge stopped by the store to get a mid-day pick-me-up on Tuesday.
“I wasn’t planning on getting anything, but we needed toilet paper, and I wanted a Diet Coke, so I got a Diet Coke,” she said, adding that a tax on sugary drinks is an overreach, forcing her to ask: What’s next?
“Then we’d have to tax everything else that brings people enjoyment,” Doidge said. “If somebody wants a sweet treat, they deserve it, no tax.”
Store owners said they’re worried about how an additional tax would impact their businesses.
Durkan plans to bring the tax idea before the City Council on Wednesday to start the conversation about what rates would look like.
Massachusetts considered a similar tax in 2017.
Boston, MA
Patience over panic: Kristaps Porzingis and the Celtics struggles
The Celtics aren’t playing great basketball. Coincidence or not, this stretch has coincided with the return and reintegration of Kristaps Porzingis. In 23 games without the big man, Boston has a record of 19-4—with him in the lineup, that falls to a much less flattering 9-7 record.
This has put his value on trial, and opened the door to discussions about whether a move to the bench could be helpful for everyone involved. It’s not a crazy idea by any means, but it’s shortsighted and an oversimplification of why the team has struggled of late.
While Kristaps attempts to slide back into his role, there’s an adjustment period that the team naturally has to go through. That’s roughly 13 shots per game being taken from the collective and handed to one individual. It’s a shift that can impact that entire rotation, but it’s also not unfamiliar to the team—by now, they’re used to the cycle of Porzingis’ absence and return.
KP hasn’t been the same game-breaking player that we’ve come to know, but he’s not that far off. He isn’t hunting shots outside of the flow of the offense, and the coaching staff isn’t force-feeding him either.
This table shows a comparison in the volume and efficiency of Kristaps’ most used play types from the past two seasons. Across the board, the possessions per game have remained very similar, while the efficiency has taken a step back.
He’s shooting below the standard he established for himself during the championship run, but the accuracy should come around as he gets more comfortable and confident in his movements post-injury. Porzingis opened up about this after a win over the Nuggets, sharing his progress.
“80-85%. I still have a little bit to go.” Porzingis said. “I know that moment is coming when everything will start clicking, and I’ll play really high-level basketball.”
In theory, sending KP to the bench would allow him to face easier matchups and build his conditioning back up. On a similar note, he and the starters have a troubling -8.9 net rating. With that said, abandoning this unit so quickly is an overreaction and works against the purpose of the regular season.
It may require patience, but we’re talking about a starting lineup that had a +17.3 net rating over seven playoff games together. Long term, it’s more valuable to let them figure it out, rather than opt for a temporary fix.
It can’t be ignored that the Celtics are also getting hit by a wrecking ball of poor shooting luck in his minutes. Opponents are hitting 33.78% of their three-pointers with him on the bench, compared to a ridiculously efficient 41.78% when he’s on the court. To make matters worse, Boston is converting 37.21% of their own 3’s without KP, and just 32.95% with him.
Overall, there’s a -8.83% differential between team and opponent 3PT efficiency with Porzingis in the game. This is simply unsustainable, and it’s due for positive regression eventually.
Despite his individual offensive struggles, Porzingis has been elite as a rim protector. Among 255 players who have defended at least 75 shots within 6 feet of the basket, he has the best defensive field goal percentage in the NBA at 41.2%. Players are shooting 20.9% worse than expected when facing Kristaps at the rim.
Boston is intentional about which shooters they’re willing to leave open and when to funnel drives toward Porzingis. Teams are often avoiding these drives, and accepting open looks from mediocre shooters—recently, with great success. Both of these factors play into the stark difference in opponent 3PT%.
The numbers paint a disappointing picture, but from a glass-half-full perspective, there’s plenty of room for positive regression. Last season, the starting lineup shot 39.31% from beyond the arc and limited opponents to 36.75%. This year, they’ve struggled, shooting just 27.61% themselves, while opponents are converting at an absurd 46.55%.
Ultimately, the Celtics’ struggles seem more like a temporary blip, fueled by frustrating shooting luck and a slow return to form for Kristaps, rather than a reason to panic. The core of this team has already proven their ability to perform together at a high level, and sticking with the current configuration gives them the best chance to break out of the slump.
Allowing Porzingis to round into shape and cranking up the defensive intensity should help offset some of the shooting woes. As Porzingis eloquently put it, “with this kind of talent in this locker room, it’s impossible that we don’t start playing better basketball.” When water finds its level, the game will start to look easy again.
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