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Sbarro, Inc. described by CNN, as “a pizza and pasta fast-food chain popular in malls and airports,” has filed for bankruptcy protection.

While the company seeks new financing and a deal that will cut its debt in half, management said that it believes that it will be able to continue operating its stores.
KC's View:
Not sure what the company’s financial prospects are, but it has always struck me as being creatively bankrupt - a greasy example of overpriced, lowest common denominator pizza. In other words, perfect for malls and airports.