Sbarro Pizza Chain Files For Bankruptcy Protection For Second Time

The pizza restaurant chain Sbarro on Monday filed for bankruptcy protection for the second time in less than three years, after struggling with too much debt and lower customer traffic in the malls that house many of its restaurants.

Sbarro and more than 30 affiliates filed for Chapter 11 protection from creditors with the US bankruptcy court in Manhattan.

Read more: http://dfm.timesherald.com/article/sbarro-pizza-chain-files-for-bankruptcy-protection-for-second-time/c8065ce850e3d91ac94aa80ba458c0a0

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McDonald’s Eyes Extending Breakfast Hours

English: An Egg McMuffin breakfast sandwich fr...

English: An Egg McMuffin breakfast sandwich from McDonald’s, as bought in North America. (Photo credit: Wikipedia)

OAK BROOK, Ill. (AP) – McDonald’s is in the early stages of looking at whether it can make breakfast available later in the day.

Fans of the Egg McMuffin and Sausage Biscuit have long wanted the option to get breakfast at McDonald’s after 10:30 a.m. But offering both the breakfast and lunch menu was considered logistically impossible, given the tight kitchen spaces of the restaurants.

Still, it’s an option the chain is eyeing more seriously at a time when people’s eating habits are changing – particularly those coveted customers in their 20s and 30s known as Millennials.

“We know, as an example, that breakfast on the weekend cut off at 10:30 doesn’t go very well,” Jeff Stratton, head of McDonald’s USA, said in an interview.

Read more at http://www.philly.com/philly/business/20140224_ap_3712c07188854fe899dd44747e6f8a65.html#gCH1TTcZDmOVmBFU.99

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NFC East Is A Money Machine, Forbes Says

The NFC East is raking in the money, according to Forbes Magazine.

The magazine ranked the world’s 50 most valuable sports franchises and the home of the Philadelphia Eagles totaled a combined net worth of $6.428 billion.

Three of the NFC East teams are ranked among the top 10 in the world, led by the Dallas Cowboys ($2.1 billion) at No. 5. Dallas is the most valuable NFL franchise, according to the magazine.

The Washington Redskins ($1.6 billion) are eighth, followed by the New York Giants ($1.468 billion) at No. 9.

Read more: http://www.mcall.com/sports/mc-forbes-sports-franchises-value-20130718,0,2943534.story#ixzz2ZQSAWfnK
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