Friday, February 27, 2015

Sbarro's is bankrupt

More than a dozen Sbarro's in the Philadelphia area will stay open, at least for now

Sbarro's is bankrupt

The Sbarro's Italian-style fast-food restaurant chain has filed for bankruptcy protection. The New York-based chain stays open for now, but it's still bad news for suppliers, landlords and future prospects.

Sbarro's has more than a dozen stores in the Philadelphia area, including Center City locations and outlets at the Moorestown, Willow Grove, Springfield and Christiana malls, among others. See the petition here courtesy of Wall St Journal.

Joseph N. DiStefano
About this blog

PhillyDeals posts raw drafts and updates of Joseph N. DiStefano's columns and stories about Philly-area finance, investment, commercial real estate, tech, hiring and public spending, which he's been writing since 1989, mostly for the Philadelphia Inquirer.

DiStefano studied economics, history and a little engineering at Penn, taught writing at St. Joe's, and has written the book Comcasted, more than a thousand columns, and thousands of articles, and raised six children with his wife, who is a saint.

Reach Joseph N. at or 215 854 5194.

Joseph N. DiStefano
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