Bankrupt Restaurants Still Holding On
You see them all across the country, in shopping malls and street corners, suburban towns and city centers: zombie restaurants.…
Tag: Sbarro
Sbarro, Inc. Completes Reorganization and Successfully Emerges from Chapter 11
Melville, NY (RestaurantNews.com) Sbarro, Inc., along with its domestic subsidiaries (the “Company”), announced today that its Plan of Reorganization has become…
Restaurant News Bites: Smashburger, Sbarro, Taco Cabana
Smashburger is backing up their recent growth by promoting and adding new members within their executive positions. Greg Creighton is…
Sbarro Files Joint Plan of Reorganization and Disclosure Statement
Sbarro, Inc., and its domestic subsidiaries, announced today that it has filed a Joint Plan of Reorganization and related Disclosure…
Sbarro Provides Update on Chapter 11 Process
Sbarro, Inc., and its domestic subsidiaries , (the “Company”), announced today that it has consensually terminated its prepetition plan support…
Restaurant News Bites: Firehouse Subs, Wendy’s, Caribou Coffee
Firehouse Subs has signed nine new agreements in a wide range of states including Ohio, Massachusetts and Louisiana. These agreements…
Increase in competition puts heat on pizza chains
It’s almost as if America was losing its taste for pizza. Sbarro, the seemingly omnipresent pizza joint at mall food…
Restaurant News Bites: McDonald’s, Sbarro, McCormick & Schmick’s
McDonald’s is holding a national hiring event to bring in as many as 50,000 new part time and full time…
Sbarro Reaches Agreement on Pre-Negotiated Reorganization Plan
Sbarro, Inc., and its domestic subsidiaries, today announced that it has reached agreement with all of its second-lien secured lenders…
Sbarro Pizza Chain Said to Consider Possible Bankruptcy Filing
Sbarro Inc., the pizza chain owned by buyout firm MidOcean Partners, may seek bankruptcy protection after missing interest payments on…
Debt-burdened Sbarro could slice some shops
Global pizza chain Sbarro may be getting burned by the competition—and its own debts. In the wake of the news…
Sbarro Hires Bankruptcy Lawyers
Fast-food Italian eatery Sbarro Inc. has hired bankruptcy and restructuring lawyers after defaulting on debt, said people familiar with the…