Steak n Shake

Steak n Shake sees appetite for organicRestricted Content

April 12, 2014
Scott Olson
The Indianapolis-based burger chain won approval in late March from the U.S. Patent and Trademark Office to trademark the “organic signature steakburger.
More

Steak n Shake owner acquires Maxim magazine

March 1, 2014
Associated Press
Terms of the deal with Biglari Holdings Inc. were not released. The company, headed by CEO Sardar Biglari, says Maxim will continue under its current management team and stay based in New York.
More

Biglari's Steak n Shake licensing deal stirs up criticsRestricted Content

January 25, 2014
Greg Andrews
Under the 20-year deal, Sardar Biglari won’t receive royalties if he remains atop the company. But if he were forced out of for anything but malfeasance, or if it were sold, he’d receive 2.5 percent of sales for five years—a sum that could surpass $100 million.
More

Steak n Shake cooks up expansion plan for Saudi Arabia

December 27, 2013
 IBJ Staff
The Indianapolis-based burger chain has growth plans far afield of its base of operations in the Midwest, intending to open 50 restaurants in the Middle Eastern country.
More

Biglari shareholder loses bid to stop $75M stock offering

September 20, 2013
Scott Olson
A federal judge rejected the shareholder's motion claiming that the offering would enable CEO Sardar Biglari to unfairly increase his ownership in the company. Biglari Holdings is the parent of Indianapolis-based Steak n Shake.
More

Steak n Shake dispute with franchisees reaches to Denver

August 5, 2013
Scott Olson
The locally based burger chain filed suit late last month to stop a Denver restaurant owner from operating under its logo in a spat over menu pricing. The franchisee is countersuing.
More

More franchisees join revolt over Steak n Shake menu pricing

May 1, 2013
Scott Olson
Three franchise owners filed suit last month against Steak n Shake, including two on the same day, challenging the company's policy that they say prohibits them from setting their own menu prices.
More

Steak n Shake facing new suit over mandatory menu pricing

April 10, 2013
Scott Olson
Another Steak n Shake franchise owner is suing the company over its controversial practice that prohibits restaurants in the chain from setting their own menu prices, even after a federal appeals court sided with a franchisee.
More

Steak n Shake opening in United Arab Emirates

October 9, 2012
The Indianapolis-based restaurant chain struck a deal to open 40 locations starting next year in the Middle Eastern country, its first venture outside the United States.
More

Court rules Steak n Shake broke pact with ad agency

September 26, 2012
Anthony Schoettle
A District Court in Indiana this week ruled that Steak n Shake in 2009 breached its $4.36 million contract with its former advertising agency, Georgia-based Varnson Group.
More

Biglari agrees to antitrust fine in Cracker Barrel deal

September 26, 2012
Bloomberg News
The chain-restaurant operator that owns Indianapolis-based Steak n Shake has agreed to pay $850,000 to settle procedural antitrust violations stemming from its purchase of shares in Cracker Barrel Old Country Store Inc.
More

MDC approves CIB's sale of building to Steak n Shake

September 5, 2012
 IBJ Staff
The Metropolitan Development Commission on Wednesday approved a resolution allowing the Capital Improvement Board of Marion County to sell the Ober Building in downtown Indianapolis to the Steak n Shake restaurant chain.
More

Steak n Shake paying $3.8M for Ober Building

September 4, 2012
Cory Schouten
An affiliate of the Steak n Shake restaurant chain has agreed to pay $3.8 million to acquire downtown's Ober Building from the Capital Improvement Board of Marion County. The restaurant chain likely will move its headquarters to the 1910 building.
More

Steak n Shake customer traffic up in latest quarter

August 14, 2012
Biglari Holdings Inc., parent of Steak n Shake, said Friday that customer traffic to the restaurant chain grew 2.2 percent during the quarter ended July 4, boosting same-store sales 2.9 percent.
More

Steak n Shake woos real estate pros

May 23, 2012
Cory Schouten
Steak n Shake made a big splash at the International Council of Shopping Centers deal-making convention in Las Vegas as it pushes an aggressive plan to grow via franchising.
More

Federal court to hear Steak n Shake franchisee appeal

May 21, 2012
Scott Olson
The case involves an Illinois franchisee of Steak n Shake that successfully sued the company over its mandatory menu and pricing policies. The company's appeal is set to be heard Wednesday by a federal appeals court in Chicago.
More

PROXY CORNER: Biglari Holdings Inc.

January 7, 2012
Biglari Holdings Inc. is a San Antonio-based holding company that owns Indianapolis-based Steak n Shake, Roanoke, Va.-based Western Sizzlin and invests in a diverse range of businesses.
More

Battle between phone rivals spills into the courtroomRestricted Content

December 31, 2011
Greg Andrews
Brightpoint sues Miami rival Brightstar twice in one week over its hiring of two former executives of the local wireless-phone distributor.
More

Cracker Barrel rebuffs Biglari

December 20, 2011
 IBJ Staff
Cracker Barrel shareholders appear to have rejected Sardar Biglari’s move to join the restaurant chain’s board, but stopped short of passing a “poison pill” plan that would deter outside investors from taking over the business.
More

CEO: Steak n Shake poised for global growth

December 13, 2011
Scott Olson
In his annual letter to shareholders, Sardar Biglari says he has commitments for 110 new franchises and thinks the Indianapolis-based restaurant chain could take its concept overseas.
More

Biglari set to make big move on Cracker Barrel

December 9, 2011
Associated Press
Cracker Barrel will hold its annual shareholder meeting Dec. 20, and Sardar Biglari, who controls Indianapolis-based Steak n Shake, is seeking a seat on the company's board of directors.
More

Steak n Shake hit with overtime lawsuit

November 30, 2011
Scott Olson
Two workers at restaurants in Georgia are suing the Indianapolis-based burger chain for failing to pay minimum wage and overtime to hourly employees.
More

Steak n Shake reports higher same-store sales

August 15, 2011
Same-store sales grew during the fiscal third quarter 4.9 percent, helping revenue during the three-month period climb 4.5 percent, to $165.2 million.
More

Will Biglari use Steak n Shake playbook at Cracker Barrel?Restricted Content

July 2, 2011
Greg Andrews
Biglari Holdings began scarfing up Cracker Barrel shares in March and now has amassed a 9.8-percent stake worth $109 million.
More

Insurer coveted by Biglari sold to another firm

April 21, 2011
Scott Olson
Steak n Shake's parent company, Biglari Holdings, twice tried to acquire Fremont Michigan Insuracorp Inc. before the insurer agreed to be sold to Michigan-based Auto Club Insurance Association. Biglari, which owns nearly 10 percent of the insurer's shares, nevertheless was a winner in the sale.
More
Page  1 2 3 >> pager
Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. I am also a "vet" of several Cirque shows and this one left me flat. It didn't have the amount of acrobatic stunts as the others that I have seen. I am still glad that I went to it and look forward to the next one but I put Varekai as my least favorite.

  2. Looking at the two companies - in spite of their relative size to one another -- Ricker's image is (by all accounts) pretty solid and reputable. Their locations are clean, employees are friendly and the products they offer are reasonably priced. By contrast, BP locations are all over the place and their reputation is poor, especially when you consider this is the same "company" whose disastrous oil spill and their response was nothing short of irresponsible should tell you a lot. The fact you also have people who are experienced in franchising saying their system/strategy is flawed is a good indication that another "spill" has occurred and it's the AM-PM/Ricker's customers/company that are having to deal with it.

  3. Daniel Lilly - Glad to hear about your points and miles. Enjoy Wisconsin and Illinois. You don't care one whit about financial discipline, which is why you will blast the "GOP". Classic liberalism.

  4. Isn't the real reason the terrain? The planners under-estimated the undulating terrain, sink holes, karst features, etc. This portion of the route was flawed from the beginning.

  5. You thought no Indy was bad, how's no fans working out for you? THe IRl No direct competition and still no fans. Hey George Family, spend another billion dollars, that will fix it.

ADVERTISEMENT