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What Recovery? Sbarro Pizza Joint Closing 155 Stores Across North America
libertynews.com ^ | 02/22/2014 | Eric Odom

Posted on 02/22/2014 5:27:28 AM PST by massmike

If you spend a lot of time watching government (taxpayer) subsidized media you’ll find they’re working overtime to convince us all the economy is recovering. What they refuse to show is stories like this:

Sbarro, the Italian restaurant chain that’s a fixture in mall food courts, is closing 155 of its locations in North America in an attempt to improve the company’s profitability.

The move is part of a broader plan to boost financial performance under a new management team, according to a statement yesterday. The closings affect underperforming company-owned stores and not franchise locations, Sbarro said.

The chain, based in Melville, New York, is still trying to rebound after emerging from bankruptcy in 2011. Sbarro’s restaurants are concentrated in malls, where slowing traffic and muted consumer spending has taken a toll on food courts.

(Excerpt) Read more at libertynews.com ...


TOPICS: Miscellaneous
KEYWORDS: recovery
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1 posted on 02/22/2014 5:27:28 AM PST by massmike
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To: massmike

Damn. Now where am I going to go to get warm cardboard with ketchup on it?


2 posted on 02/22/2014 5:29:11 AM PST by Wolfie
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To: massmike

I have never enjoyed anything they serve, but I would rather see them open and serving stuff.


3 posted on 02/22/2014 5:29:50 AM PST by rlmorel ("A nation, despicable by its weakness, forfeits even the privilege of being neutral." A. Hamilton)
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To: massmike

I much prefer their spaghetti and meatballs over their pizza.


4 posted on 02/22/2014 5:31:00 AM PST by wastedyears (The Ender's Game movie was a stupendous, colossal, galactic failure to me.)
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To: massmike

Pizza peddlers freed from “job lock”. All hail freedom fighters KingHussein and house jester Pelosi.

http://www.youtube.com/watch?v=o64Fz-KW1Dk


5 posted on 02/22/2014 5:40:33 AM PST by PGalt
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To: massmike

Mall food. Never good pizza. On Long Island where Sbarros originated and I live, there are so many REAL pizzareas around as to make sbarros under patronized EXCEPT for when one spends hours at a mall and you become famished. Which is the only time I have eaten there.

As I no longer shop malls, I no longer eat at malls. I am admittedly an italian food snob. But wish all business, save the crony capitalist zer0 lovers, succeed and bring back the economy from the current malaise we are thrust into by this Marxist regime.


6 posted on 02/22/2014 5:42:58 AM PST by Vaquero (Don't pick a fight with an old guy. If he is too old to fight, he'll just kill you.)
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To: massmike
Sbarro, the Italian restaurant chain that’s a fixture in mall food courts
And therein lies the problem. The malls have increasingly become unsafe as more and more of the EBT crowd takes over.
Throw in the "$200 sneaker" crowd violence and other assorted mob violence and it's a real jungle out there.
7 posted on 02/22/2014 5:45:22 AM PST by oh8eleven (RVN '67-'68)
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To: massmike

The stuff is awful, but it’s even worse that they have to close when they are providing jobs and people are willing buy it.


8 posted on 02/22/2014 5:46:47 AM PST by Politicalkiddo (Forgiveness is the fragrance that the violet sheds on the heel that has crushed it. -M. Twain)
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To: massmike

The stuff is awful, but it’s even worse that they have to close when they are providing jobs and people are willing buy it.


9 posted on 02/22/2014 5:46:48 AM PST by Politicalkiddo (Forgiveness is the fragrance that the violet sheds on the heel that has crushed it. -M. Twain)
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To: Wolfie

“Damn. Now where am I going to go to get warm cardboard with ketchup on it?”

Dominos. And they will have it to you in 30 minutes or less or it’s free.


10 posted on 02/22/2014 5:50:05 AM PST by EQAndyBuzz (Insurgent Conservative)
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To: massmike

Twenty-five years ago, their food was...OK.

I tried their pizza at a rest stop on I-95 a few years ago.

Total crap.


11 posted on 02/22/2014 5:50:20 AM PST by Peter W. Kessler
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To: massmike

>> to improve the company’s profitability.

>> closings affect underperforming company-owned stores

Underperforming is not the same thing as “losing money”.

American Corporations: creating new Progressives with every improvement in the bottom line.


12 posted on 02/22/2014 5:50:42 AM PST by Bryanw92 (Sic semper tyrannis)
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To: Peter W. Kessler

“I tried their pizza at a rest stop on I-95 a few years ago.”

Should have had the sushi.


13 posted on 02/22/2014 5:51:36 AM PST by EQAndyBuzz (Insurgent Conservative)
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To: Vaquero

I feel for Sbarros and their employees. All of retail has and is taking a major hit in this economy and the party of the “little people” is simply turning its head and ignoring the problem.

I admit, I am part of the problem. I don’t make as much as I use to and thus I don’t spend as much either. I eat out rarely anymore and that’s why places like Sbarros are taking a header. I suppose, to use liberal logic, I should be spending and indebting myself even further to fix the current economic problem brought on by.....spending and indebting one’s self too much.


14 posted on 02/22/2014 5:51:37 AM PST by FAA
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To: massmike

Close businesses to increase profitability?

Heh. At least some folks understand the concept of margin.


15 posted on 02/22/2014 5:52:10 AM PST by P.O.E. (Pray for America)
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To: massmike

Haven’t eaten at as barrows in years. The food is awful.

Newer better executed restaurant concepts are making a killing.

Look at Chipotle, Buffalo WWs, most of Dardens’s brands, etc.


16 posted on 02/22/2014 5:57:33 AM PST by GeneralisimoFranciscoFranco (I love liberals. They taste like chicken.)
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To: massmike

Lol....the first question I had was “is their food any good?” So thanks to all of those who let me know IT’S CRAP!!!

It always looked inserting but I was never compelled to eat there. Suffice to say no one ever told me “oh you have to try this!”


17 posted on 02/22/2014 6:01:07 AM PST by Caipirabob (Communists... Socialists... Democrats...Traitors... Who can tell the difference?)
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To: FAA

A tea party backed republican administration take office in Jan. 2017 is the only thing that can pull us out of this Carter beating malaise.


18 posted on 02/22/2014 6:03:56 AM PST by Vaquero (Don't pick a fight with an old guy. If he is too old to fight, he'll just kill you.)
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To: massmike
A McDonald's in a mall near me closed recently. The story was that McDonald's could no longer make the rent — allegedly around $15,000 a month. That's a lot of money for a cubby hole in a food court.

Part of the problem is the economy — people aren't spending the money they used to. They worry that Obamacare will cost them a fortune and that sooner or later, the socialists will be confiscating their savings, investments and retirement funds.

But at the same time, these fancy malls have jacked up the rent for the privilege of locating a business there. As a result, a number of retailers are leaving the malls for cheaper alternatives. Some malls have a high number of empty retail spaces.

19 posted on 02/22/2014 6:04:46 AM PST by fatnotlazy
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To: massmike

Gamesa, a wind turbine co in Ebensburg, PA also closing 31 March. Moving to the southwest (rumor has it moving o Mexico).


20 posted on 02/22/2014 6:08:57 AM PST by GTM01
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