Bloomberg reports Sbarro LLC, the 800-restaurant U.S. pizza chain, filed for bankruptcy protection for the second time in three years as customer traffic slowed in the shopping-mall food courts where many of its stores do business.
The company...
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March 11, 2014, 07:46 AM
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Two potential bankruptcies are a warning sign of financial distress among restaurant chains, according to Fitch Ratings. Fitch does not view them as portending a widespread increase in bankruptcies of U.S. restaurants but a reflection of difficulties...
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March 10, 2014, 07:37 AM
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