52-year-old Outback Steakhouse rival chain closes 24 locations
Rising food costs driven by inflation have been a problem for U.S. steakhouses ranging from high-end to budget establishments, leading some well-known restaurants to permanently shut their doors and in some cases file for bankruptcyAn increase in the cost of beef that led to steak prices spiking 16% to $12.73 per pound in March 2026, according to data from the Federal…
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52-year-old Outback Steakhouse rival chain closes 24 locations
Rising food costs driven by inflation have been a problem for U.S. steakhouses ranging from high-end to budget establishments, leading some well-known restaurants to permanently shut their doors and in some cases file for bankruptcyAn increase in the cost of beef that led to steak prices spiking 16% to $12.73…
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52-year-old Outback Steakhouse rival chain closes 24 locations
Rising food costs driven by inflation have been a problem for U.S. steakhouses ranging from high-end to budget…
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