NEW YORK (CNNMoney) —The Sbarro pizza restaurant chain filed for bankruptcy court protection Monday, less than three weeks after it was forced to close more than 40% of its U.S. locations. Sbarro is best known for locations in airports, malls, train stations and highway rest stops — high traffic locations with limited direct competition from other pizza chains. It also has only a fraction of the advertising budget of competitors such as Domino’s Pizza, Papa John’s, or Yum Brands’ Pizza Hut.
Can’t say I didn’t see this one coming. This is what happens when the pizza mogul gives you a 1. The weird thing is I swear I liked Sbarro growing up as a kid. I’m not sure if the pizza got worse or whether I was just a bright eyed bushy tailed youngster yet to be jaded by the harsh realities of the pizza life. Either way somewhere in a dark alley Michael Scott weeps.
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