It Filed for Bankruptcy in 1998 from 10 Things You Didn't Know About Boston Market

10 Things You Didn't Know About Boston Market

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10 Things You Didn't Know About Boston Market

Photo Modified: Flickr / Mike Mozart / CC BY 4.0

10 Things You Didn't Know About Boston Market

Have you dropped by a Boston Market recently? The chain that was once best known for rotisserie chicken is now serving everything from ribs and meatloaf to sandwiches, soups, salads, and desserts. Whether you’re a loyal devotee of its meatloaf or if you didn’t even realize that it’s not still called Boston Chicken, we bet that there’s a lot you didn’t know about this pioneer of the fast-casual genre.

Its Stock Price Doubled On Its First Day of Trading

Photo Modified: Flickr / KMR Photography / CC BY 4.0

Its Stock Price Doubled On Its First Day of Trading

When Boston Chicken went public back in 1993, during the first day of trading the stock price surged 140 percent, closing at $48.50, surpassing the first-day gains of Chipotle (100 percent) and Shake Shack (119 percent).

It Filed for Bankruptcy in 1998

Thinkstock

It Filed for Bankruptcy in 1998

The company expanded far too quickly after it went public. That combined with competition from grocery stores selling their own rotisserie chicken forced it to file for bankruptcy in 1998.

There Are Less Than Half the Locations Open Today From its Peak

Photo Modified: Flickr / Mike Mozart / CC BY 4.0

There Are Less Than Half the Locations Open Today From its Peak

Filing for bankruptcy forced some major restructuring, so today there are about 456 locations open, down from the pre-bankruptcy peak of 1,143.

It Was Owned by McDonald's From 2000 to 2007

Photo Modified: Flickr / Håkan Dahlström / CC BY 4.0

It Was Owned by McDonald's From 2000 to 2007

Just about everyone knows that Chipotle was once owned by McDonald’s, but the Golden Arches also once owned Boston Market, between 2000 and 2007. McDonald’s quietly sold the company to Sun Capital Partners for an undisclosed sum in 2007. 

A Foray Into Australia Failed

Photo Modified: Flickr / Christian Haugen / CC BY 4.0

A Foray Into Australia Failed

The company opened nine locations in the Sydney area between 2002 and 2004, but they all shut down by the end of 2004.

It Was Once Sued by Pizza Chain Boston Pizza

Boston Pizza / Facebook

It Was Once Sued by Pizza Chain Boston Pizza

A pizza chain called Boston Pizza sued Boston Market in 2002 over the rights to the use of the word “Boston” in Canada. The lawsuit continued even after all Canadian locations of Boston Market shuttered in 2004, and was settled in 2008, with Boston Market agreeing to not use the word “Boston” in Canada for five years. 

Every Restaurant Also Offers Catering Services

Boston Market / Facebook

Every Restaurant Also Offers Catering Services

Basically the entire menu can be turned into a catering order. On-sandwich orders can be picked up as quickly as two hours after you place your order.

It's Taken Salt Shakers Off of Tables

Photo Modified: Flickr / Joe King / CC BY 4.0

It's Taken Salt Shakers Off of Tables

In an effort to help Americans cut down on salt consumption, the company removed all salt shakers from tables in 2012. It also reduced sodium levels by 20 percent in its rotisserie chicken, macaroni and cheese, and mashed potatoes.

It's Opening Locations on Military Bases

Photo Modified: Flickr / The U.S. Army / CC BY 4.0

It's Opening Locations on Military Bases

Through a partnership with the Army & Air Force Exchange Service, Boston Market has opened locations at Fort Jackson in South Carolina, Fort Bliss in Texas, and Fort Meade in Maryland. 

The Gravy Contains 10 Calories Per Ounce

Hannaford.com

The Gravy Contains 10 Calories Per Ounce

You might think that all gravy is loaded with fat and calories, but Boston Market’s only contains 10 calories and a trace amount of fat per ounce. It’s thickened with corn starch and maltodextrin, so no heavy fat-based roux is needed. 

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10 Things You Didn't Know About Boston Market