Posted on 02/22/2014 5:27:28 AM PST by massmike
If you spend a lot of time watching government (taxpayer) subsidized media youll find theyre working overtime to convince us all the economy is recovering. What they refuse to show is stories like this:
Sbarro, the Italian restaurant chain thats a fixture in mall food courts, is closing 155 of its locations in North America in an attempt to improve the companys 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. Sbarros 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 ...
Damn. Now where am I going to go to get warm cardboard with ketchup on it?
I have never enjoyed anything they serve, but I would rather see them open and serving stuff.
I much prefer their spaghetti and meatballs over their pizza.
Pizza peddlers freed from “job lock”. All hail freedom fighters KingHussein and house jester Pelosi.
http://www.youtube.com/watch?v=o64Fz-KW1Dk
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.
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.
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.
“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.
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.
>> to improve the companys 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.
“I tried their pizza at a rest stop on I-95 a few years ago.”
Should have had the sushi.
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.
Close businesses to increase profitability?
Heh. At least some folks understand the concept of margin.
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.
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!”
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.
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.
Gamesa, a wind turbine co in Ebensburg, PA also closing 31 March. Moving to the southwest (rumor has it moving o Mexico).
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