Sbarro Files for Bankruptcy

0

MELVILLE, N.Y. — The pizza restaurant chain Sbarro filed for bankruptcy protection today.

The popular Melville, N.Y.-based pizza chain announced last month that it will close 40 per cent of its U.S. locations. According to Reuters, the chain has between $100 million and $500 million in both assets and liabilities.

This is the company’s second bankruptcy filing in the last three years.

This site uses Akismet to reduce spam. Learn how your comment data is processed.