Thursday, April 21, 2011

Sbarro's declared bankruptcy


I referenced this as a Facebook link, but the pizza chain, Sbarro’s, declared bankruptcy earlier this month.  I was a little taken aback - a food like pizza, so affordable, but a company seeking bankruptcy? Because of the economy, many families have decided to sustain from eating out, so restaurants have taken a hit over the past few years.  Also with a product like pizza, where its ingredients are cheese and flour, it is more costly to produce. This family-started company, whose founders immigrated here in the 1950s, expanded their business into one of the “great” American food chains is now restructuring.   I hope for Sbarro’s Inc that this process helps them rebuild, and the company can continue to be a food icon in America. 

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