On Friday, Sbarro, Inc. and its affiliates filed their consolidated monthly operating report for May 2-29, 2011 with the bankruptcy court. The companies filed pre-arranged chapter 11 cases in the Southern District of New York on April 4, 2011. They operate a chain of over 1,000 "Italian quick service restaurants" and generated over $300 million in annual revenues in the last full fiscal year prior to the filing.
Read the rest of this article in the attached document or by visiting our blog: http://blog.ch11cases.com/2011/06/sbarro-reports-63-million-net-loss-for.html
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