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Monday, April 04, 2011

Sbarro Pizza Preheats Oven For Chapter 11 Bankruptcy

Lovers of lukewarm pizza, despair. Troubled pizza chain Sbarro is getting ready to file for Chapter 11 Bankruptcy. The slice slingers are $365 million in debt and made the move after missing their interest payments. Part of the reason Sbarro has been suffering is because it has a lot of shops tied up in malls. Traffic to those dying down with the recession and the rise of online shopping has meant fewer patrons hitting the food court. The other reason is that their pizza is just sad.

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1 comment:

Anonymous said...

Good. That's where they belong. The food is crap. The service is crap. The price for their crap is outrageous. No wonder they are broke. Who would buy crappy food from crappy people for a crappy price?