Steak n’ Shake

Cade Clark, staff writer

    The famous Indiana-based burger chain Steak ‘n Shake announced that due to the closure of dining rooms since the start of pandemic, they have lost a significant amount of revenue, which lead to the closure of 51 of their locations.

 

    The closures are being made by Steak ‘n Shake’s parenting company, Biglari Holdings, who reported they will be closing the locations due to their sales dropping.

“The COVID-19 pandemic has adversely affected our operations and financial results,” a Biglari report stated.

A lot of the locations have remained operating with both drive-thru services and carry-out.

“While dine-in options have been temporarily banned in some states, our drive-thru experience, convenient contactless online ordering for take-out, and delivery options through our third-party partners remain open in all available locations for those in need,” the report stated. Customers can check the operational status of their local restaurant at www.steaknshake.com.

Before the closings, Steak ‘n Shake had 624 locations across the United States and will now be left with 553. Biglari Holdings believes this will have a huge impact financially and will forever alter the demand of their product. They believe even after the dinings rooms return to normal use that the supply chain will still be disrupted.