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Sbarro says it will close 155 locations
PHILLY.COM ^ | Wednesday, February 19, 2014, 6:22 | The Associated Press

Posted on 02/20/2014 9:16:19 AM PST by Phillyred

Edited on 02/20/2014 11:02:36 AM PST by Admin Moderator. [history]

Sbarro Inc. says it's closing 155 of its U.S. locations, mostly in mall food courts where traffic has declined. The Melville, N.Y.-based pizza chain said Wednesday the closures affect 1,400 workers. The move comes as the company is trying to improve its financial performance and update its image under yet another CEO who took over just last year. Jonathan Dedmon, a representative for Sbarro, says the targeted locations will close Thursday. "The last day of business is today," he wrote in an email. Sbarro filed for bankruptcy protection in April 2012 when it was no longer able to contend with declining sales and rising costs. It emerged from Chapter 11 protection in November 2012, saying that it had significantly cut its debt and received a new $35 million capital infusion. Shortly after, it named James Greco, a former head of bagel chain Bruegger's Enterprises, as its CEO. Greco led a push to revitalize the chain's image by touting new recipes and ovens. But the efforts apparently didn't take hold; Sbarro named David Karam its CEO last year. Dedmon did not respond when asked why Greco was replaced. Sbarro owns 400 locations in North America. The closures do not affect the additional 175 Sbarro locations in the region that are owned by franchisees. After the closures, Sbarro said it will operate 800 stores worldwide, including 81 that were opened last year.


(Excerpt) Read more at philly.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: bhoeconomy; layoffs; sbarro
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To: Phillyred

given all the different locations I see Sabarro in, about half of them seem losy, to me, so the move does not surprise me


41 posted on 02/20/2014 11:17:40 AM PST by Wuli
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To: Phillyred

The oneI ate at a cuple of months ago nust have had the new menu and ovens. It was actually pretty good, even if it was priced a bit too high.


42 posted on 02/20/2014 11:18:55 AM PST by SeaHawkFan
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To: SeaHawkFan

But the name will always annoy me. The “B” coming after the “S”....


43 posted on 02/20/2014 11:29:06 AM PST by Phillyred
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To: RightGeek

Maybe Sbarro put too many eggs in one basket?


44 posted on 02/20/2014 11:38:18 AM PST by upchuck (Stop this abuse now! Get behind Convention of States: http://bit.ly/1ak1Iz9)
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To: DoodleDawg
I can’t remember ever seeing one outside of a mall food court.

Turnpikes. I have to travel the Pennsylvania and Ohio turnpikes afew times each year and one, if not both, of them have Sbarros at their rest areas.

45 posted on 02/20/2014 11:43:00 AM PST by OldMissileer
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To: Old Sarge

Ahh, never mind...it’s an Anthony’s, but the situation is the same.


46 posted on 02/20/2014 11:57:06 AM PST by SZonian (Throwing our allegiances to political parties in the long run gave away our liberty.)
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To: PATRIOT1876
In the sixties I never knew a pizza chain

Every slice was from Tony's or Gino's or Regina's in the nawth end ... still there I'm told, but not the same.

47 posted on 02/20/2014 11:59:37 AM PST by knarf (I say things that are true .. I have no proof .. but they're true.)
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To: Phillyred

Sbarro Pizza is lousy. When we go to the mall, we go to the food court, but mostly at Chik-Fil-A (or if it Sunday, McDonald’s). What we like is Red Robin or Johnny Rocket’s.


48 posted on 02/20/2014 1:34:14 PM PST by ExCTCitizen (2014: The Year of DEAD RINOS)
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To: DoodleDawg
Rest plazas on turnpikes. Crappy pizza, over-priced. No loss.
49 posted on 02/20/2014 2:17:55 PM PST by hinckley buzzard
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To: Responsibility2nd

So you are getting a job at Dominos....:)


50 posted on 02/20/2014 2:29:59 PM PST by Kaosinla (The More the Plans Fail. The More the Planners Plan.)
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To: Kaosinla

25 years ago I had a delivery job at Dominoes. Believe it or not - they used to be good. And a large Supreme would set you back about $20.00.

But now? Fast forward 25 years, and you can get that same pizza for about 10 bucks.

How do you think thats possible?

lololol

I know you know how thats possible.

lololol


51 posted on 02/20/2014 2:55:52 PM PST by Responsibility2nd (NO LIBS. This Means Liberals and (L)libertarians! Same Thing. NO LIBS!!)
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To: Phillyred

Pizza is a relatively simple food, and it’s not hard (or expensive) to make it tasty. Taking a cold slice of lousy pizza and throwing it back in the oven for a minute isn’t one of those ways.


52 posted on 02/20/2014 6:23:22 PM PST by Some Fat Guy in L.A. (Still bitterly clinging to rational thought despite it's unfashionability)
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To: Phillyred

Their pizza sucks.


53 posted on 02/20/2014 6:24:20 PM PST by bmwcyle (People who do not study history are destine to believe really ignorant statements.)
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To: Phillyred
I'm going to get me a New York slice! While I still can.
54 posted on 02/20/2014 6:29:50 PM PST by SamAdams76
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To: knarf

Is your particular ‘nawth end’ in Boston or do you live in another location which also has a ‘nawth?’ If the former, had you tried ‘santahpios?’


55 posted on 02/20/2014 6:57:23 PM PST by posterchild
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To: Phillyred

I end up at my local mall once per year for an optometrist visit. On several occasions after being shown intentionally and increasingly blurred letters I’ve made the mistake of eating at such establishments. My body is still purging the sodium chloride from the experience.


56 posted on 02/20/2014 6:59:52 PM PST by posterchild
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To: Phillyred

That’s a shame. I know I’m in the minority here, but I love their pizza. We only have one, and it’s in a mall on the other side of town. I’ve gone to that mall just for their pizza. They have good salads, and I’ve also had their chicken and potatoes - both delicious. I hope ours isn’t closing. Every time I’m at that mall it’s crowded, so I wouldn’t think so.


57 posted on 02/20/2014 9:29:00 PM PST by Pinkbell
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To: posterchild
Theh's only ONE nawth end and that, of couhse, is in Bawstin ... my home state.

I occasionally attempt to put into print the most unique (and most enjoyable to listen to ) dialect on the planet

Bosonyin test;

Did youh uncle marry an insect ?

58 posted on 02/21/2014 3:01:07 AM PST by knarf (I say things that are true .. I have no proof .. but they're true.)
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To: knarf
I can't even spell correctly this mohnin'

Bostin's uniqueness earns the right to be called a state, though it was really my own lack of functioning brain cells that typed that ...

and ...

Bosonyin is really, BosTonyin, which, for the same aforementioned reasoned truly gahbulled and cunfuzed an already cunfuzed keyboard.

59 posted on 02/21/2014 3:06:43 AM PST by knarf (I say things that are true .. I have no proof .. but they're true.)
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To: RightGeek

What’s the draw of a mall food court? High prices? Wildings? Sales taxes? Travel?

This is death by government and the Internet is simply speeding the process.


60 posted on 02/21/2014 3:30:40 AM PST by 1010RD (First, Do No Harm)
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