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EconomicUnited States·4 Nov 2026

Outback Steakhouse Largest Franchisee Files for Bankruptcy

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San Diego-based Out West Restaurant Group, the largest U.S. franchisee of Outback Steakhouse, filed for Chapter 11 bankruptcy in Delaware on Monday, impacting 61 locations across five Western states. The company’s debt increased from $269 million in 2020 to approximately $449 million in 2026, driven by declining guest traffic, rising labor and food costs,…

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