Salad and Go filed for Chapter 11 bankruptcy protection on Tuesday and will close all of its roughly 70 locations in Arizona and Nevada on Wednesday. The salad chain cited strategic growth challenges, weakening consumer demand and higher costs, compounded by customer fears surrounding the cyclospora outbreak, a water-borne parasite that has sickened at least 10,000 people and caused two deaths according to U.S. health authorities. Founded in 2013 and backed by private equity firm Volt Investment, the company operated a model using commissary kitchens to wash produce and prepare protein options before shipping to restaurants. Current CEO Mike Tattersfield stated that the company had assets and liabilities ranging from $500 million to $1 billion in its bankruptcy filing.
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