Steak n Shake opening in United Arab Emirates
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.
Steak n Shake
Articles
Court rules Steak n Shake broke pact with ad agency
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.
Biglari agrees to antitrust fine in Cracker Barrel deal
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.
MDC approves CIB’s sale of building to Steak n Shake
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.
Steak n Shake paying $3.8M for Ober Building
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.
Steak n Shake customer traffic up in latest quarter
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.
Steak n Shake woos real estate pros
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.
Federal court to hear Steak n Shake franchisee appeal
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.
PROXY CORNER: Biglari Holdings Inc.
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.
Battle between phone rivals spills into the courtroom
Brightpoint sues Miami rival Brightstar twice in one week over its hiring of two former executives of the local wireless-phone distributor.
Cracker Barrel rebuffs Biglari
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.
CEO: Steak n Shake poised for global growth
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.
Biglari set to make big move on Cracker Barrel
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.
Steak n Shake hit with overtime lawsuit
Two workers at restaurants in Georgia are suing the Indianapolis-based burger chain for failing to pay minimum wage and overtime to hourly employees.
Steak n Shake reports higher same-store sales
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.
Will Biglari use Steak n Shake playbook at Cracker Barrel?
Biglari Holdings began scarfing up Cracker Barrel shares in March and now has amassed a 9.8-percent stake worth $109 million.
Insurer coveted by Biglari sold to another firm
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.
New York firm wins Steak n Shake ad account
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.
New rules rile Steak n Shake franchisees
Franchise 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.
Steak n Shake’s annual profit sizzles
The Indianapolis-based restaurant chain grew pretax profit in fiscal 2010 to $37.7 million, a 331-percent increase compared with the previous fiscal year.