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The company filed for [[Chapter 11 bankruptcy]] protection on April 4, 2011 in the [[United States Bankruptcy Court for the Eastern District of New York]]. <ref>{{cite web|title=Sbarro Chapter 11 Petition|url=https://www.pacermonitor.com/view/QPYCXHA/Sbarro_LLC__nysbke-14-10557__0049.0.pdf|website=PacerMonitor|publisher=PacerMonitor|accessdate=9 May 2016}}</ref><ref>{{cite web|last=Kary |first=Tiffany |url=http://www.bloomberg.com/news/2011-04-04/sbarro-files-for-bankruptcy-protection-after-restaurant-chain-s-sales-slid.html |title=Sbarro, Mall Restaurant Chain, Seeks Bankruptcy Protection |publisher=Bloomberg |date=April 4, 2011 |accessdate=April 11, 2011}}</ref> At the time it was ranked by Pizza Today as the country's fifth largest pizza chain.<ref name="Karp">{{cite news| url=http://www.latimes.com/business/la-fi-pizza-trouble-20110411,0,6525994.story | work=Los Angeles Times | first=Gregory | last=Karp | title=Pizza restaurants feeling bite from consumer options | date=April 10, 2011}}</ref> It was the third largest pizza chain to declare bankruptcy in less than a year. Earlier [[Round Table Pizza]] (ranked #10) and [[Uno Chicago Grill]] (ranked #11) through its parent Uno Restaurant Holdings filed bankruptcy. Uno has reemerged.<ref name="Karp"/> In November 2011, Sbarro was granted court approval to emerge from bankruptcy under a plan requiring restructuring and ceding ownership to lenders; 25 sites were closed.<ref name=stych2011/>
The company filed for [[Chapter 11 bankruptcy]] protection on April 4, 2011 in the [[United States Bankruptcy Court for the Eastern District of New York]]. <ref>{{cite web|title=Sbarro Chapter 11 Petition|url=https://www.pacermonitor.com/view/QPYCXHA/Sbarro_LLC__nysbke-14-10557__0049.0.pdf|website=PacerMonitor|publisher=PacerMonitor|accessdate=9 May 2016}}</ref><ref>{{cite web|last=Kary |first=Tiffany |url=http://www.bloomberg.com/news/2011-04-04/sbarro-files-for-bankruptcy-protection-after-restaurant-chain-s-sales-slid.html |title=Sbarro, Mall Restaurant Chain, Seeks Bankruptcy Protection |publisher=Bloomberg |date=April 4, 2011 |accessdate=April 11, 2011}}</ref> At the time it was ranked by Pizza Today as the country's fifth largest pizza chain.<ref name="Karp">{{cite news| url=http://www.latimes.com/business/la-fi-pizza-trouble-20110411,0,6525994.story | work=Los Angeles Times | first=Gregory | last=Karp | title=Pizza restaurants feeling bite from consumer options | date=April 10, 2011}}</ref> It was the third largest pizza chain to declare bankruptcy in less than a year. Earlier [[Round Table Pizza]] (ranked #10) and [[Uno Chicago Grill]] (ranked #11) through its parent Uno Restaurant Holdings filed bankruptcy. Uno has reemerged.<ref name="Karp"/> In November 2011, Sbarro was granted court approval to emerge from bankruptcy under a plan requiring restructuring and ceding ownership to lenders; 25 sites were closed.<ref name=stych2011/>


In January 2012, [[James J. Greco]] was brought in as [[Chief Executive Officer|CEO]] and [[President]] of Sbarro to implement a turnaround plan as the company emerged from bankruptcy.<ref>{{cite web|url=http://www.fastcasual.com/articles/james-greco-former-brueggers-ceo-joins-sbarro/|title=James Greco, former Bruegger's CEO, joins Sbarro|work=www.fastcasual.com|accessdate=October 20, 2015}}</ref> Sbarro underwent a rebranding that included updating its pizza recipe, food offerings, and branding, as well as bringing high quality, fresh ingredients back to the forefront of the menu.<ref>{{cite web|url=http://www.qsrmagazine.com/reports/rise-fall-and-rise-sbarro|title=Sbarro Restaurant Company Fights Back From Bankruptcy - QSR magazine|work=qsrmagazine.com|accessdate=October 20, 2015}}</ref> Sbarro's rebranding initiative featured handmade daily hand-stretched dough, 100% whole milk [[mozzarella]] and [[San Marino]] region tomato sauce on their New York-style pizzas.<ref>http://www.nytimes.com/2012/10/09/business/new-sbarro-pizza-recipe-to-drive-chains-turnaround-plans.html?_r=0</ref>
In January 2012, [[James J. Greco]] was brought in as [[Chief Executive Officer|CEO]] and [[President]] of Sbarro to implement a turnaround plan as the company emerged from bankruptcy.<ref>{{cite web|url=http://www.fastcasual.com/articles/james-greco-former-brueggers-ceo-joins-sbarro/|title=James Greco, former Bruegger's CEO, joins Sbarro|work=www.fastcasual.com|accessdate=October 20, 2015}}</ref> Sbarro underwent a rebranding that included updating its pizza recipe, food offerings, and branding, as well as bringing high quality, fresh ingredients back to the forefront of the menu.<ref>{{cite web|url=http://www.qsrmagazine.com/reports/rise-fall-and-rise-sbarro|title=Sbarro Restaurant Company Fights Back From Bankruptcy - QSR magazine|work=qsrmagazine.com|accessdate=October 20, 2015}}</ref> Sbarro's rebranding initiative featured handmade daily hand-stretched dough, 100% whole milk [[mozzarella]] and [[San Marino]] region tomato sauce on their New York-style pizzas.<ref>https://www.nytimes.com/2012/10/09/business/new-sbarro-pizza-recipe-to-drive-chains-turnaround-plans.html?_r=0</ref>


On March 15, 2012, Sbarro announced a franchise agreement with Upper Crust Foods Pvt. Ltd. to open restaurants in the [[India]]n state of [[Maharashtra]]. The franchisee will develop and operate the restaurants.<ref>[http://web.archive.org/web/20140210034002/http://sbarro.com/news/news.php?id=59 Sbarro - News<!-- Bot generated title -->]</ref><ref>{{cite web|url=http://news.franchiseindia.com/Sbarro-set-for-India-expansion-1512|title=Franchise India - Business Opportunities, Franchise Opportunities|work=franchiseindia.com|accessdate=January 18, 2017}}</ref> The first outlet opened in [[Chembur]], [[Mumbai]].<ref>[http://www.hindustantimes.com/india/restaurant-review-panki-sbarro/story-iy6YummymtszMhSncQnicO.html Restaurant Review: Panki, Sbarro - Hindustan Times<!-- Bot generated title -->]</ref> In July 2015 Sbarro announced that they planned to expand to 50 outlets in two years, from the 17 they had then.<ref>{{Cite web|title = Pizza Chain Sbarro to Raise Store Count to 50 in 2 Years - NDTV Food|url = http://food.ndtv.com/food-drinks/pizza-chain-sbarro-to-raise-store-count-to-50-in-2-years-783203|accessdate = July 21, 2015}}</ref>
On March 15, 2012, Sbarro announced a franchise agreement with Upper Crust Foods Pvt. Ltd. to open restaurants in the [[India]]n state of [[Maharashtra]]. The franchisee will develop and operate the restaurants.<ref>[http://web.archive.org/web/20140210034002/http://sbarro.com/news/news.php?id=59 Sbarro - News<!-- Bot generated title -->]</ref><ref>{{cite web|url=http://news.franchiseindia.com/Sbarro-set-for-India-expansion-1512|title=Franchise India - Business Opportunities, Franchise Opportunities|work=franchiseindia.com|accessdate=January 18, 2017}}</ref> The first outlet opened in [[Chembur]], [[Mumbai]].<ref>[http://www.hindustantimes.com/india/restaurant-review-panki-sbarro/story-iy6YummymtszMhSncQnicO.html Restaurant Review: Panki, Sbarro - Hindustan Times<!-- Bot generated title -->]</ref> In July 2015 Sbarro announced that they planned to expand to 50 outlets in two years, from the 17 they had then.<ref>{{Cite web|title = Pizza Chain Sbarro to Raise Store Count to 50 in 2 Years - NDTV Food|url = http://food.ndtv.com/food-drinks/pizza-chain-sbarro-to-raise-store-count-to-50-in-2-years-783203|accessdate = July 21, 2015}}</ref>

Revision as of 06:51, 28 February 2017

Sbarro LLC
Company typePrivate
IndustryFood
FoundedBrooklyn, New York City, New York, U.S.
(1956; 68 years ago (1956))
HeadquartersColumbus, Ohio, U.S.
Number of locations
Over 800
Key people
Gennaro and Carmela Sbarro (founders)
J. David Karam CEO and President
ProductsItalian-American cuisine, pizza, pasta, salads
Websitewww.Sbarro.com

Sbarro, LLC is a chain of pizzeria that specializes in New York style pizza by the slice and other Italian-American cuisine. In 2011, the company was ranked 15th in foreign systemwide sales among U.S. based quick-serve and fast-casual companies by QSR Magazine.[1] In 2008, Sbarro was rated the 1 Quick Service Restaurant in the Italian segment by Entrepreneur magazine. It has held this title multiple times over the years. [citation needed] Not all reports are positive, as the food quality has been criticized,[2][3] with a suggestion that this was the major factor that led to two bankruptcies.[4] Sbarro has over 800 locations in 33 countries.[1] Sbarro stores are located in shopping malls, airports, service areas, and college campuses. Sbarro has locations in The Pentagon, American naval bases and casinos.

History

20th century

Sbarro was founded in 1956 by Gennaro and Carmela Sbarro. The couple and their three sons, Joseph, Mario, and Anthony immigrated to America from Naples, Italy. The same year, the Sbarro family opened their first salumeria (an Italian grocery store) at 1701 65th Street and 17th Avenue in Bensonhurst, Brooklyn, New York, which became popular for its fresh food and Italian fare.[citation needed] Its original location closed down in 2004.

The success of the Sbarro Salumeria led to the opening of additional locations in the New York City metropolitan area. In 1970, Sbarro opened its first mall-based restaurant in Brooklyn's Kings Plaza Shopping Center. One of their busiest outlets was located in the World Trade Center mall.

21st century

In early 2007, Sbarro was acquired by MidOcean Partners, a private equity firm with offices in New York and London.[5]

The company filed for Chapter 11 bankruptcy protection on April 4, 2011 in the United States Bankruptcy Court for the Eastern District of New York. [6][7] At the time it was ranked by Pizza Today as the country's fifth largest pizza chain.[8] It was the third largest pizza chain to declare bankruptcy in less than a year. Earlier Round Table Pizza (ranked #10) and Uno Chicago Grill (ranked #11) through its parent Uno Restaurant Holdings filed bankruptcy. Uno has reemerged.[8] In November 2011, Sbarro was granted court approval to emerge from bankruptcy under a plan requiring restructuring and ceding ownership to lenders; 25 sites were closed.[9]

In January 2012, James J. Greco was brought in as CEO and President of Sbarro to implement a turnaround plan as the company emerged from bankruptcy.[10] Sbarro underwent a rebranding that included updating its pizza recipe, food offerings, and branding, as well as bringing high quality, fresh ingredients back to the forefront of the menu.[11] Sbarro's rebranding initiative featured handmade daily hand-stretched dough, 100% whole milk mozzarella and San Marino region tomato sauce on their New York-style pizzas.[12]

On March 15, 2012, Sbarro announced a franchise agreement with Upper Crust Foods Pvt. Ltd. to open restaurants in the Indian state of Maharashtra. The franchisee will develop and operate the restaurants.[13][14] The first outlet opened in Chembur, Mumbai.[15] In July 2015 Sbarro announced that they planned to expand to 50 outlets in two years, from the 17 they had then.[16]

In March 2013, Sbarro announced that J. David Karam would be the next CEO and President of the company.[17] In March of the following year, the company filed for Chapter 11 bankruptcy protection.

In 2014, the Fiscal Times listed Sbarro as the worst fast food restaurant chain in America.[18] In May 2015, Yahoo! Food featured Sbarro as the second-best pizza chain in America, among competitors Dominos, Little Caesars, Papa John’s and Pizza Hut.[19]

Sbarro announced on June 3, 2014 that they had exited from bankruptcy protection on June 2 based on a reorganization plan as approved by the court on May 19. 182 sites were closed and the company announced plans to move its headquarters from New York City to Columbus, Ohio.[20]

In January 2015, Sbarro's logo changed from a design resembling the Italian national flag, to an outline of a pizza in red and green, with the words “NYC.1956” to recollect the establishment’s Brooklyn origins.[21] The company is also remodeling many of its eateries, including locations at Orlando's Mall at Millenia, Grapevine Mills in Dallas, and Dolphin Mall in Miami. In May 2015, Sbarro remade their company website to update their brand image with an easy-to-use, mobile-friendly format to make the site readable across all devices.

Cucinova

In October 2013, Sbarro opened the first location of their fast-casual concept called Cucinova. The restaurants feature artisan Neapolitan-style pizzas made to order with fresh, high-end ingredients and baked in woodstone ovens in under three minutes.[22] Guests may also find that there are made-to-order pasta bowls and salads at select locations. Cucinova has multiple locations in Ohio and Illinois. The first location opened on October 9, 2014.[23]

In the media

In the 1985 film, Krush Groove features the Fat Boys at an all-you-can-eat Sbarro buffet, where they perform the rap, "All You Can Eat".[24] The film was shot at the Sbarro location on 49th Street and Broadway in New York City.[25]

The Office shows a Sbarro location in the season 2 episode Valentine's Day, when character Michael Scott visits New York City and spots a Sbarro, calling it his favorite New York pizza joint.[26]

In the seventh season of satirical-sitcom show 30 Rock, the episode Stride of Pride features a minor fictional character named Pizzarina Sbarro, the heiress to the Sbarro company, who is seeing Jack Donaghy.[27]

Videogamedunkey featured Sbarro Pizza in his episode Sneak Mouse, as part of a Turkish commercial he edited. It states that the donkey from the commercial is produced by Sbarro.[28]

The 2015 film The Bronze, which premiered at the 2015 Sundance Film Festival, shows the main character, Hope, bullying a friendly Sbarro employee.[29]

See also

References

  1. ^ 2011 non-U.S. systemwide sales Retrieved July 11. 2015
  2. ^ "The state of Sbarro: America's least essential restaurant". Slate Magazine. Retrieved October 20, 2015.
  3. ^ Fast food chain consumerist.com/2014/07/02
  4. ^ Sbarro is in bankruptcy economix.blogs.nytimes.com/2014/03/13/
  5. ^ "History". Sbarro, Inc.
  6. ^ "Sbarro Chapter 11 Petition" (PDF). PacerMonitor. PacerMonitor. Retrieved May 9, 2016.
  7. ^ Kary, Tiffany (April 4, 2011). "Sbarro, Mall Restaurant Chain, Seeks Bankruptcy Protection". Bloomberg. Retrieved April 11, 2011.
  8. ^ a b Karp, Gregory (April 10, 2011). "Pizza restaurants feeling bite from consumer options". Los Angeles Times.
  9. ^ Stych, Ed (November 18, 2011), "Sbarro pizza gets court approval to exit bankruptcy", Minneapolis/St. Paul Business Journal, retrieved December 21, 2011
  10. ^ "James Greco, former Bruegger's CEO, joins Sbarro". www.fastcasual.com. Retrieved October 20, 2015.
  11. ^ "Sbarro Restaurant Company Fights Back From Bankruptcy - QSR magazine". qsrmagazine.com. Retrieved October 20, 2015.
  12. ^ https://www.nytimes.com/2012/10/09/business/new-sbarro-pizza-recipe-to-drive-chains-turnaround-plans.html?_r=0
  13. ^ Sbarro - News
  14. ^ "Franchise India - Business Opportunities, Franchise Opportunities". franchiseindia.com. Retrieved January 18, 2017.
  15. ^ Restaurant Review: Panki, Sbarro - Hindustan Times
  16. ^ "Pizza Chain Sbarro to Raise Store Count to 50 in 2 Years - NDTV Food". Retrieved July 21, 2015.
  17. ^ <Eaton, Dan (May 3, 2013) "Wendy’s experience helping guide new Sbarro CEO David Karam" Columbus Biz Insider
  18. ^ Fast food restaurant chain thefiscaltimes.com/Articles/2014/07/02/11
  19. ^ "Dominos, Little Caesars, Papa John's, Sbarro, and Pizza Hut: Which Pizza Is Best?". yahoo.com. May 8, 2015. Retrieved October 20, 2015.
  20. ^ "Sbarro says it exited bankruptcy protection". Yahoo Finance. June 4, 2014. {{cite web}}: |archive-date= requires |archive-url= (help)
  21. ^ "Sbarro joins fast-casual pizza race". nrn.com. {{cite web}}: |archive-date= requires |archive-url= (help)
  22. ^ "New fast-casual pizza concept coming to Kenwood: EXCLUSIVE". Cincinnati Business Courier. October 14, 2013. Retrieved October 20, 2015.
  23. ^ "Italian restaurant Cucinova to open in Kenwood". Cincinnati.com. September 22, 2014. Retrieved October 20, 2015.
  24. ^ Fat Boys - All you can eat. YouTube. April 13, 2006. Retrieved October 20, 2015.
  25. ^ app354 (October 25, 1985). "Krush Groove (1985)". IMDb. Retrieved October 20, 2015.{{cite web}}: CS1 maint: numeric names: authors list (link)
  26. ^ The Office - New York Slice!. YouTube. November 2, 2013. Retrieved October 20, 2015.
  27. ^ "'30 Rock': 'Stride Of Pride' Recap". The Huffington Post. Retrieved October 20, 2015.
  28. ^ Jason Gastrow (December 17, 2013). "'Sneak Mouse'". YouTube. Retrieved October 20, 2015.
  29. ^ Peter Debruge. "'The Bronze' Film Review: Melissa Raunch Is World's Grouchiest Gymnast - Variety". Variety. Retrieved October 20, 2015.