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SBARRO FILES FOR BANKRUPTCY

SBARRO FILES FOR BANKRUPTCY
Sbarro has filed for Chapter 11 bankruptcy reorganization for the second time in three years amid a drop in traffic at shopping mall food courts. Monday’s filing comes after the company shuttered 155 US stores last month. It still has about 800 locations globally, half of them in North America. Sbarro Inc. is working to balance out its portfolio of mall-based stores with a new concept, called Pizza Cucinova, that lets people build their own pizzas. There are two locations of the new restaurant in Columbus, Ohio, and a third planned for Cincinnati. Sbarro is also trying to update its image as a place that serves reheated pizza. A spokesman said the chain has been ‘‘emphasizing freshness and quality.’’ Sbarro filed for bankruptcy protection in April 2011 and emerged a few months later, saying it had cut its debt and received a capital infusion. A new CEO then led a push to revitalize the chain with new recipes and ovens. The company says its latest effort will slash debt by more than 80 percent. It plans “a quick exit from bankruptcy.’’