Special occasions call for special meals.
When the U.S. economy was at a low point around 2009-2010 manysteakhouse chains saw seriousdownturnsin sales.
Fast forward to the COVID-19 pandemic, and thesteakhouse industry as a whole had ahard time.
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After all, a porterhouse is hardly suited for delivery.
Here are five steakhouse brands that have dealt with far more negatives than positives in recent years.
In the early 1990s, there wereclose to700locations.
Tripadvisor / Delon R. / Tim L. / Jordan Summers-Marcouillier / Eat This, Not That!
Fast forward to 2019 and that numbershrunk to just75.
Today, there areonly21locationsand three are listed as temporarily closed on the brand’s website.
Unfortunately, nearly two years later BLT was still unable to pay back all of that PPP money.
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Itsmost recent bankruptcy filingcame as recently as2020following a staggering63% drop in salesthat year.
Sizzler has big plans to revamp its branding moving forward, but signs of trouble continue to pop up.
Last year, however, was a bit more positive for Charlie Brown’s.
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After rebranding itself as Charlie Brown’s Fresh Grill, thechainre-openedits Woodbury, N.J. locationin April 2022.
As of today, the chain operates just two restaurants.
At its peak, there were over260Lone Star Steakhouses.Today, this steakhouse brand finds itself all aloneliterally.
Courtesy of Charlie Brown’s Fresh Grill
Only one Lone Star location remains open in 2023, and it’s on the island ofGuam.
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