Sbarro

(Newser) - Quiznos has filed for Chapter 11 bankruptcy protection to reduce its debt by more than $400 million. The sandwich chain said today that it voluntarily filed to reorganize to put a restructuring plan into place. Quiznos says customers won't notice. The company owns and operates only seven of the...

(Newser) - If at first you don't succeed, try, try, again: Probably not advice you'd want from your bankruptcy attorney, but Sbarro is getting ready to undergo its second round of Chapter 11, reports the Wall Street Journal . The pizza chain, which is carrying some $140 million in debt and...

(Newser) - There are a lot of theories as to why Sbarro filed for bankruptcy last month—including “too-rapid growth” and the decline of malls. But Justin Peters has “a simpler explanation: Nobody likes Sbarro,” he writes in Slate . “Devoid of atmosphere, charm, and gustatory relevance, with no...