• Sbarro to open Madrid site

MELVILLE, N.Y. -- Italian food and pizza buffet chain Sbarro expects to open a store in Madrid in the first quarter of 2003.

According to the Financial Times, the company wants a location in the city's center, and it envisions as many as 20 Sbarro sites in and around Madrid by 2007.

Sbarro Pizza is the master franchisee for the Spanish market and has six Barcelona locations. That company claims to have $8 million set aside for the Madrid expansion.

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