Is It A Coincidence That Sbarro Declared Bankruptcy After I Gave Them A 1 Rating? Cue the Pizza Montage
NEW YORK (CNNMoney) —The Sbarro pizza restaurant chain filed for bankruptcy court protection Monday, less than three weeks after it was forced to close more than 40% of its U.S. locations. Sbarro is best known for locations in airports, malls, train stations and highway rest stops — high traffic locations with limited direct competition from other pizza chains. It also has only a fraction of the advertising budget of competitors such as Domino’s Pizza, Papa John’s, or Yum Brands’ Pizza Hut.
Can’t say I didn’t see this one coming. This is what happens when the pizza mogul gives you a 1. The weird thing is I swear I liked Sbarro growing up as a kid. I’m not sure if the pizza got worse or whether I was just a bright eyed bushy tailed youngster yet to be jaded by the harsh realities of the pizza life. Either way somewhere in a dark alley Michael Scott weeps.