May 25, 2013

Sbarro

November 2012

In many respects, Cinnabon isn’t the brand it was just one decade ago. From the company’s growing beverage line to menu introductions like Center of the Roll and Cinnabon Stix, life within a Cinnabon’s four walls has shifted in the 21st century.

But executives realized a...

September 2012

After opening his first store in 2004, EJ Martinez, founder of Miami-based Power Pizzeria, ran into trouble almost right away.

“I had a great idea, which was to serve a healthier pizza, and I just started without really knowing what I was doing,” he says. Although he had a...

Sbarro, the world's largest Italian mall-focused restaurant franchise, announced that it has appointed two industry leaders to spearhead continued franchise growth, both domestically and overseas.

Sbarro, the world’s largest mall-focused Italian restaurant chain, announced the appointment of Angela Hornsby as chief people officer.

In her new role, Hornsby is responsible for leading all areas of the company’s human resources strategies, practices, and programs, including...

Sbarro, the world’s largest mall-focused Italian restaurant chain, successfully completed its grand roll out of new recipes and cooking methods at 10 test units around the country, resulting in initial sales increases of more than 10 percent at the locations and raising more than $28,...

July 2012

One hundred days. That’s how long Jim Greco gave himself to right the sinking ship that was Sbarro when he took over as president and CEO in February.

The company filed for Chapter 11 bankruptcy in April 2011 and emerged from it in November, having shed $200 million in debt and 25...

As it embarks on a major initiative to reinvigorate the brand, Sbarro announced today that it has appointed food industry veteran George Wooten as senior vice president of operations.

Wooten will oversee all aspects of operations to ensure product and service quality and consistency as...

Revitalization plans for Sbarro, the world's largest mall-focused Italian restaurant chain, have officially kicked into high gear.

Out of 1,013 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 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...

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...

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, 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...

Expansion to be implemented through 20-year franchise agreement with JCI Inc.
Renews contract with Pepsi to keep it as exclusive beverage supplier.
The pizza chain used borrowings on this lien credit facility to prepay $25 million that was outstanding on the first.
The company sites rising commodities prices as the source of its decline in EBITDA.
Sbarro partners with Velocity Technology Solutions to lead the company's information technology upgrade process.
Sbarro announces franchise agreements for more than 25 Restaurants in El Salvador, Honduras, Guatemala, The Bahamas and Romania.
Sbarro, the quick-service Italian restaurant company, today announced that it has named Randy M. Clifton as president, franchising of North America.