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Saturday, March 08, 2014

Plunging Mall Traffic - Hurting Restaurants / Stores

Shopping malls are slowly turning into ghost towns, and that's taking a toll on the stores and restaurants inside of them.

Nowhere is this more apparent than in the mall food court. Several fast-food chains that were once a primary source of sustenance for bored teens are crumbling, unable to stay in business as shoppers spend their money elsewhere.

The latest victim is Sbarro, the pizza and pasta chain that was a staple at mall food courts. The company could file for Chapter 11 bankruptcy protection as early as next week, The Wall Street Journal reported late Wednesday, citing sources familiar with the matter.

3 comments:

Anonymous said...

Two reasons,people have no money to spend on anything but necessities because rent or mortgages,taxes, gas ,food and utilities are so high,and the internet makes it easier and cheaper.

Anonymous said...

sbarro was expensive and food was crap. I wont miss them

Anonymous said...

You'll miss them at any major airport. They were half the price on anybody else.