Steak ‘n Shake Avoids Bankruptcy, Accuses Lender of Takeover Attempt
The struggling burger brand said scheme cost it "millions of dollars and countless hours."
The struggling burger brand said scheme cost it "millions of dollars and countless hours."
The hand-breaded product will launch later this year.
Leading firm 10 Point Capital will continue thinking long-term.
The burger brand has faced challenges throughout the past year.
Can the fast-food chain keep it up in 2021? There's no reason to bet against it.
The chain hasn't had a "credible and reliable" everyday value proposition in some time.
The chain's "restaurant of the future" model will debut this summer.
The fast casual's Cauliflower Gnocchi is the latest example.
For restaurants, "an unplanned increase in labor costs," could stall recovery, Association says.