May 24, 2012

Sbarro

April 2012

The term bankruptcy tends to elicit doom-and-gloom thoughts from business owners. But experts say bankruptcy doesn’t have to be a bad thing. In fact, by filing for bankruptcy, operators can shed the weight of their debts and get back on the course toward success.

Sbarro Expands in India, Opens First Unit in Mumbai

Sbarro today announced a franchise agreement to open 15 restaurants in India in the state of Maharashtra. Upper Crust Foods Pvt. Ltd. will develop and operate the restaurants, with the first unit to open in Mumbai this month.

Over the past six years, Sbarro has announced...

Sbarro Taps Former Wendy's, Breugger's Execs

James Greco has been named president and CEO of Sbarro, effective immediately.

Greco was the former CEO of Bruegger’s Enterprises and is credited by industry experts with the strong performance and growth of the 28-year-old national bagel bakery chain.

Nicky...

Affinnova Helps Sbarro Optimize its Pricing Strategy

Facing rising food costs and softening industry traffic, Sbarro turned to Affinnova, Inc., the global leader in marketing innovation software and services, to help strategically optimize its menu pricing.

Understanding that traditional...

Sbarro Emerges From Chapter 11 With Reduced Debt

Sbarro, along with its domestic subsidiaries, announced that its Plan of Reorganization has become effective and the Company has successfully emerged from Chapter 11 with significantly reduced debt and a new capital infusion.

“As Sbarro emerges from Chapter 11 today we are a...

Sbarro to Open 1,250 Japanese Units

Expansion to be implemented through 20-year franchise agreement with JCI Inc.

Sbarro Recommits to Pepsi

Renews contract with Pepsi to keep it as exclusive beverage supplier.

Sbarro Enters into Second Lien Credit Facility

The pizza chain used borrowings on this lien credit facility to prepay $25 million that was outstanding on the first.

Sbarro Revenues Rise Thanks to International Stores

The company sites rising commodities prices as the source of its decline in EBITDA.

Sbarro Partners with Velocity Technology Solutions

Sbarro partners with Velocity Technology Solutions to lead the company's information technology upgrade process.

Sbarro to Open 25-Plus International Units Within Next Five Years