Business · Companies · 3 hrs ago

Outback Steakhouse franchisee files for Chapter 11 bankruptcy

Outback Steakhouse franchisee files for Chapter 11 bankruptcy

An Outback Steakhouse franchisee has filed for bankruptcy under Chapter 11.

The filing concerns a franchisee, not the whole restaurant chain.

Outback Steakhouse is a restaurant chain, and the news also points to closures at some of its locations.

The closures matter because they could mean fewer Outback restaurants for customers in affected areas.

The locations facing closure are not identified in the available details.

No next steps are specified.

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