Sad decline of America's favorite steakhouse escalates
Share this @internewscast.com

Outback Steakhouse, once a leader in the realm of casual dining in America, continues to see its prominence wane as it closes more locations across the nation.

For many years, this Australian-themed eatery held the top spot among U.S. steakhouses, surpassing competitors like Texas Roadhouse and LongHorn.

However, recent years have seen these rivals capture the attention of budget-conscious patrons, enticing them with more affordable options, streamlined menus, and a more vibrant dining experience.

In recent weeks, several Outback venues have quietly ended their service of the famed Bloomin’ Onions, with Bloomin’ Brands, the parent company, announcing another series of closures. This includes at least two outlets in Florida, where Outback was originally established in 1988.

Bloomin’ Brands, which also manages Carrabba’s Italian Grill, Bonefish Grill, and Fleming’s Prime Steakhouse & Wine Bar, is responsible for approximately 1,450 restaurants globally, with over 670 being Outback locations.

Elizabeth Daly from Outback stated that these shutdowns are part of a “periodic review” aligned with the company’s ongoing strategy to revitalize its operations.

‘We considered a variety of factors, including sales and traffic, trade areas, and potential investments to improve performance,’ she said, adding that affected staff would be offered jobs at nearby restaurants when possible.

The newly shuttered restaurants include two in Birmingham, Alabama — one on 20th Street North at 20 Midtown and another in Inverness on US 280 — along with locations in Jacksonville Beach and Naples, Florida; Baton Rouge, Louisiana; Silver Spring, Maryland; Merrick, New York; and Madison, Wisconsin. 

Americans are increasingly abandoning Outback Steakhouse in favor of more affordable alternatives

Americans are increasingly abandoning Outback Steakhouse in favor of more affordable alternatives

The closures come about 20 months after Bloomin’ Brands axed 41 restaurants in February 2024 — most of them Outbacks — as part of an earlier cost-cutting effort.

Outback’s troubles have been building for years. 

Once the go-to spot for affordable steaks and its signature deep-fried Bloomin’ Onion, it rode the Crocodile Dundee craze of the late 1980s to national fame.

But as inflation squeezed wallets, its $29 average check began to look steep next to Texas Roadhouse, where a full steak dinner runs about $23.

Texas Roadhouse’s stock has climbed roughly 15 percent in the past year, and LongHorn’s parent Darden Restaurants is up 25 percent.

Bloomin’ Brands, meanwhile, has seen its shares plunge more than 70 percent to about $8.

‘Roadhouse is winning because they have a much better value proposition than anybody else,’ said Peter Saleh, an analyst at BTIG.

Outback, which is based in Tampa, Florida, was founded in 1988

Outback, which is based in Tampa, Florida, was founded in 1988

Known for its juicy steaks and signature deep fried 'bloomin' onion' dish, Outback became popular among American diners in the 1990s and 2000s

Known for its juicy steaks and signature deep fried ‘bloomin’ onion’ dish, Outback became popular among American diners in the 1990s and 2000s

Outback Steakhouse has shuttered several locations across the US as the chain battles plunging sales. It has launched new menus - like lobster and steak - and store revamps in an effort to revive its fading image

Outback Steakhouse has shuttered several locations across the US as the chain battles plunging sales. It has launched new menus – like lobster and steak – and store revamps in an effort to revive its fading image

Outback Steakhouse was once the king of America’s casual dining scene but has struggled to keep up with rivals. Stock image of a restaurant

Outback Steakhouse was once the king of America’s casual dining scene but has struggled to keep up with rivals. Stock image of a restaurant

Mike Spanos, who was formerly the Chief Operating Officer at Delta Air Lines, was made CEO of Outback parent company Bloomin' Brands last year

Mike Spanos, who was formerly the Chief Operating Officer at Delta Air Lines, was made CEO of Outback parent company Bloomin’ Brands last year

Outback’s sprawling menu and aging interiors have also dragged it down. The chain expanded heavily in malls just as foot traffic was disappearing, and its complicated promotions became hard for staff to manage.

A remodeling campaign launched in 2008 tried to modernize its image — swapping the dark, rustic décor for a brighter look — but many fans felt the chain lost its identity.

Former Delta Air Lines executive Mike Spanos took over as Bloomin’ Brands CEO last year, promising to simplify menus, refresh restaurants and improve service.

‘Outback is a great business. It’s a great brand,’ Spanos said. ‘It is a very fixable business.’

But with rivals dominating the steakhouse wars and consumers trading down to cheaper meals, America’s onetime favorite steakhouse faces an uphill battle — and fewer outposts left to fight it.

Share this @internewscast.com
You May Also Like

Iran Issues Dire Warning to US Over Alleged Warship Attack: Escalating Tensions in Maritime Conflict

An influential Iranian cleric has issued a chilling call for violence against…

Shocking Discovery of Severed Head and Body Parts Uncovered on Bali Beach

In a grim development unfolding on Bali’s shores, authorities have confirmed that…

Iranian Warplanes Reportedly Approached US Base with 10,000 Troops Within Minutes of Potential Strike

In a dramatic turn of events, Iranian warplanes reportedly came perilously close…

Britney Spears Detained for Suspected DUI: Police Report Signs of Impairment

Authorities announced on Thursday that Britney Spears exhibited “signs of impairment” during…

Emotional Return: Savannah Guthrie Rejoins TODAY Show Amid Heartfelt Search for Missing Mother

Savannah Guthrie made her way back to the Today Show studio for…

Trump Dismisses Idea of Invading Iran as Futile Endeavor

On Thursday, Donald Trump expressed that launching a full-scale invasion of Iran…

The Candid Reality of Christina Applegate’s Journey with MS

Criticizing someone dealing with a devastating illness can feel harsh, even unkind.…

Princess of Wales Captivates Leicester with Elegant All-White Attire

The Princess of Wales immersed herself in the vibrant culture of Leicester’s…

Unveiling Jack Schlossberg’s Financial Empire: Inside His Massive Trust Fund

Jack Schlossberg, a descendant of the Kennedy family, found himself in a…

Labour MP Steps Down After Husband’s Arrest in ‘Chinese Spy’ Investigation

Last night, a Labour MP decided to step down amid an internal…

Iran Allegedly Strikes Key US Infrastructure Amid Escalating Middle East Conflict

Hackers linked to Iran have set their sights on American companies in…

Renowned Chef Chris Wheeler of “Great British Menu” Passes Away

Chris Wheeler, a renowned chef celebrated for his appearances on the “Great…