4 Old Steakhouse Chains That Are Making a Comeback – Eat This Not That
The popularity of steakhouses often fluctuates and fluctuates with the economic tide. When things are going great, Americans like to treat themselves to a steak dinner. When the recession hits, fancy cuts of meat are off the menu.
And while Americans generally love their steaks, some dine-in chains specializing in the meat have experienced challenges due to changing conditions over the years. Others have managed to reinvent themselves and continue to be favorites of customers.
Last year, restaurant business reported that steakhouse chains were winning the race to recover from the pandemic as hungry diners returned in large numbers and were ready to isolate. Both the high-end and mid-tier chains managed to generate more sales that year as compared to 2019.
With that in mind, the sunny side of the pandemic could be the perfect setting for a struggling brand to make a big comeback. Here are some of the top chains doing just that.
And 8 Secrets Texas Roadhouse Employees Don’t Want You to Know.
Black Angus Steakhouse found started in 1964 in Seattle, Wash., offering steak, soup, salad, and a baked potato for $2.99. The casual-dining concept was popular with families and eventually grew to over 100 locations.
As of 2009, Black Angus 69. spilled over The restaurant and a second time filed for Chapter 11 bankruptcy protection, citing conflict due to the economic downturn.
But the chain completely changed its menu and introduced a new bullseye bar in 2011. Concept Which brought a lively bar scene to many of its locations. The revival managed to improve sales and brought the chain out of recession. In 2013, Black Angus recorded 16 consecutive quarters Increase in same-store sales.
During this closed all their places At its now-domesticated California base during the pandemic, it has brushed itself off to refocus on new strategies. As of this year, the brand has announced that it is diving into retail, selling its own raw, hand-cut restaurant-quality steaks.
Black Angus Meat Market The website allows shoppers to order online before making their purchase in-store for a DIY home experience.
Logan’s Roadhouse had everything going for it when it first opened in Lexington, Ky. in . was open in 1991, Founder David Wachtel was an industry vet and former CEO of the ultra-popular restaurant chain Shoney’s. With a focus on stringent management and quality standards across all Logan’s restaurants, the chain has seen increasing success. By 1995Logan went public.
But its success from the 90s and early on was short-lived as foot traffic slowed down. The chain went bankrupt at the end of 2016. With debt restructuring shortly afterwards. Sales dragged on for the following three years, and locations were closed by the dozen – with 119 units abandoned over the next seven years.
Ultimately, Logan’s parent company Kraftworks dissolved in March 2020, causing the steakhouse to temporarily close all of its locations and lay off most of its employees due to bankruptcy.
In late April of the same year, the locations began to reopen. By 2021, there were 136 Logan’s Roadhouse Restaurant Opens in America, Down 114 Stores Since going bankrupt in 2016.
Although things were looking bleak for Logan for a while, a change in management seems to have turned things around for the series.
In 2021, The steakhouse saw a solid 45 consecutive weeks of sales, up 35% over the previous year. The company mostly attributes this to a menu redesign unveiled that year that simplified offerings and upgraded the quality of ingredients, such as its made-from-scratch buns on half-pound steakburgers and sandwiches.
Additionally, the brand has rolled out a new Loyalty Program and Digital App To pursue customers. While the restructuring has only recently begun, so far Logan has seen positive reception for its comeback strategy.
In the ’90s, if Americans wanted a little taste of Australia, all they had to do was take a trip to their local outback, which was packed with ardent BBQ lovers.
While the popular series may not be exactly what Australians have historically eaten (at least according to them), it has been one of the most popular steakhouse brands in America for years.
But the series was not without its struggles. Outback’s footprint has fallen more than 10% since 2011, from 775 places to 694 in 2021, according to restaurant business,
While it has shrunk in size over the past ten years, it has emerged from the pandemic with new energy. In May, the series revealed Planning a new prototype restaurant, which is smaller in size than the previous locations. It also has a new interior design that will allow it to dedicate more space to the new catering services.
This year, the Outback opened three of its next Gen Restaurants- Fort Worth, Texas, Steel Creek, NC, and Columbus, Ohio. The company also plans to build 75 to 100 additional restaurants in the US, to re-establish its growing footprint.
of del frisco is an upscale fine dining group consisting of the grill brands of Double Eagle and Del Fresco. The restaurant operator has received numerous awards and accolades for its top-notch steakhouse. Before selling it, the group also owned Sullivan’s Steakhouse and later acquired Barcelona Wine Bar and Bartaco.
But even fine dining brands can fall on hard times. In 2015, Texas-based company saw its sales decline, reiterated 2017, In 2018The brand agreed to sell its struggling Sullivan’s steakhouse partner Romano’s Macaroni Grill,
When sales didn’t pick up in 2019, Del Frisco announced a net loss of $6.4 million in revenue And said it was going private.
The series was eventually bought by landry’sThe owner and operator of the Bubba Gump Shrimp Company and Rainforest Cafe, but more importantly, a chain of successful high-end steakhouses such as Mastro, Morton, Vic & Anthony, Strip House, and Brenner’s.
Currently, the group has 30 Restaurants With acquisitions in 13 states and Washington, DC, the brand continues its growth under the corporation’s wing.