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Steak n Shake
More franchisees join revolt over Steak n Shake menu pricing
May 1, 2013
Scott OlsonThree 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.
MoreSteak n Shake facing new suit over mandatory menu pricing
April 10, 2013
Scott OlsonAnother 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.
MoreSteak 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.
MoreCourt rules Steak n Shake broke pact with ad agency
September 26, 2012
Anthony SchoettleA 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.
MoreBiglari agrees to antitrust fine in Cracker Barrel deal
September 26, 2012
Bloomberg NewsThe 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.
MoreMDC approves CIB's sale of building to Steak n Shake
September 5, 2012
IBJ StaffThe 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.
MoreSteak n Shake paying $3.8M for Ober Building
September 4, 2012
Cory SchoutenAn 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.
MoreSteak 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.
MoreSteak n Shake woos real estate pros
May 23, 2012
Cory SchoutenSteak 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.
MoreFederal court to hear Steak n Shake franchisee appeal
May 21, 2012
Scott OlsonThe 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.
MorePROXY 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.
MoreBattle between phone rivals spills into the courtroom
December 31, 2011
Greg AndrewsBrightpoint sues Miami rival Brightstar twice in one week over its hiring of two former executives of the local wireless-phone
distributor.
MoreCracker Barrel rebuffs Biglari
December 20, 2011
IBJ StaffCracker 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.
MoreCEO: Steak n Shake poised for global growth
December 13, 2011
Scott OlsonIn 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.
MoreBiglari set to make big move on Cracker Barrel
December 9, 2011
Associated PressCracker 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.
MoreSteak n Shake hit with overtime lawsuit
November 30, 2011
Scott OlsonTwo workers at restaurants in Georgia are suing the Indianapolis-based burger chain for failing to pay minimum wage and overtime
to hourly employees.
MoreSteak 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.
MoreWill Biglari use Steak n Shake playbook at Cracker Barrel?
July 2, 2011
Greg AndrewsBiglari Holdings began scarfing up Cracker Barrel shares in March and now has amassed a 9.8-percent stake worth $109 million.
MoreInsurer coveted by Biglari sold to another firm
April 21, 2011
Scott OlsonSteak 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.
MoreNew York firm wins Steak n Shake ad account
March 29, 2011
Indianapolis-based restaurant chain selects Kirshenbaum Bond Senecal & Partners as agency of record for its $18 million
advertising account, ending about two years of uncertainty surrounding its marketing efforts.
MoreNew rules rile Steak n Shake franchisees
February 5, 2011
Cory SchoutenFranchise owners of Steak n Shake restaurants are revolting against parent company Biglari Holdings Inc. just as the chain
plans a nationwide expansion fueled by franchising.
MoreSteak n Shake's annual profit sizzles
December 13, 2010
Scott OlsonThe Indianapolis-based restaurant chain grew pretax profit in fiscal 2010 to $37.7 million, a 331-percent increase compared
with the previous fiscal year.
MoreAd Age: Steak n Shake seeking new agency
November 23, 2010
IBJ StaffTwo years and at least two advertising agencies after ending a long-term advertising deal, Steak n Shake is reviewing pitches
from agencies interested in its business, according to a report from industry publication Advertising Age.
MoreBiglari's revised incentive package approved by shareholders
November 8, 2010
Anthony SchoettleAfter criticizing an earlier pay proposal, 82 percent of Biglari Holdings' shareholders approved a scaled-back bonus agreement
for their CEO.
MoreBiglari shakes up Steak n Shake building format
October 23, 2010
Cory SchoutenThe new prototype design for Steak n Shake restaurants will be smaller, featuring sections of floor-to-ceiling glass and an
exterior that throws off a retro vibe, its signage attached to a protruding fin.
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The Prestige was a great flick.
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