Sardar Biglari – Indianapolis Business Journal

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Steak n Shake preps for self-service transformation

May 10, 2021

Greg Andrews

The Indianapolis-based chain, which previously announced plans to convert from table service service, now says it will cut costs further through “advanced self-service”

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Steak n Shake in tight spot as key debt deadline looms

January 15, 2021

Greg Andrews

The chain nearly broke even in the latest quarter it reported, no small feat after losing a combined $29 million in 2018 and 2019.

9Comments

Steak n Shake planning to convert more restaurants to counter-service-only models

February 25, 2020 | IBJ Staff

Sardar Biglari, CEO of Steak n Shake parent Biglari Holdings Inc., said in his annual report to shareholders that the chain’s performance went from “bad to worse” in 2019.

What Sardar Biglari needs to fix to save Steak n Shake

August 9, 2019 | Greg Andrews

The hedge fund manager, who gained control of the Indianapolis-based chain a decade ago, is facing challenges on many fronts—from declining customer traffic to a looming loan maturity.

NOV. 6-12, 2026

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Soaring demand erases glut of pandemic-era warehouse space

Cameron Shaw

UPDATED: Zionsville-based AES becomes world’s largest Arby’s franchisee

Susan Orr

Q&A: CEO abandons retirement to lead Corteva into new era

Daniel Bradley

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