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Steak 'n Shake

Financing

Steak 'n Shake's owner removes its CEO's pay limits

 By Jonathan Maze on Apr. 02, 2019

Sardar Biglari, who controls more than 50% of the company’s shares, will no longer have his salary capped at $10 million, says RB’s The Bottom Line.

Financing

Steak ‘n Shake closes 31 locations

 By Jonathan Maze on Mar. 29, 2019

The burger chain has temporarily closed units as it looks for franchisees to run the restaurants.

Financing

Steak ‘n Shake wants to speed things up

By Jonathan Maze on Feb. 25, 2019

Same-store sales plunged last year, so the chain is refranchising and improving its speed.

Financing

Activist restaurant investors are bullies in better suits

By Peter Romeo on Dec. 14, 2018

Some say they light a fire under management. Others just see brands going up in flames.

Financing

Sardar Biglari quietly sells some Cracker Barrel stock

By Jonathan Maze on Dec. 11, 2018

The sale is the Steak ‘n Shake owner is quietly reducing his holdings, which is big for both him and Cracker Barrell, says RB’s The Bottom Line.

Food

Pressure builds on burger chains over antibiotics

By Jonathan Maze on Oct. 18, 2018

A report gave failing grades to all but three major burger concepts, including McDonald’s and Burger King.

Financing

Steak ‘n Shake wants to sell all of its company stores

By Jonathan Maze on Aug. 14, 2018

The chain is offering to sell partnerships in all 400 locations for $10,000.

Financing

The burger business takes a big hit

By Jonathan Maze on Aug. 13, 2018

Chains like McDonald’s and Shake Shack find themselves torn between pricing and traffic, says RB’s The Bottom Line.

Food

7 new items rolling out on restaurant menus this summer

By Patricia Cobe on Jul. 30, 2018

Seasonal ingredients and timely tie-ins are powering chain menus right now.

Top 500 Chains

Steak ‘n Shake

Jun. 19, 2018
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