Sbarro at the Manhattan Town Center has closed. Sbarro Inc. says it’s closing 155 of its U.S. locations, mostly in mall food courts where traffic has declined.
The Melville, N.Y.-based pizza chain said Wednesday the closures affect 1,400 workers. The move comes as the company is trying to improve its financial performance and update its image under yet another CEO who took over just last year.
Sbarro filed for bankruptcy protection in April 2012 when it was no longer able to contend with declining sales and rising costs. It emerged from Chapter 11 protection in November 2012, saying that it had significantly cut its debt .
