No More Mall Pizza? Sbarro Goes Bankrupt
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Haven't been to the mall food court and had a slice of pizza from Sbarro lately? 
Sbarro pizzeria/via Flickr Creative Commons
Apparently, no one else has either.
The pizza chain filed for Chapter 11 bankruptcy for the second time in three years on Monday, listing $175.4 million in assets and $165.2 million in liabilities, according to Bloomberg.
According to a statement by Sbarro, the company will "implement a prepackaged reorganization plan" to allow for the company to re-form and exit bankruptcy quickly.
In February, Sbarro said it would close nearly 155 stores in North America, leaving the company with 800 stores worldwide.
Read more about Sbarro's bankruptcy at the Washington Post, Huffington Post, Bloomberg, and Los Angeles Times.
Reach Associate News Editor Colin Hale here. Follow him on Twitter.
