TORTONTO Ontario Just a month after its U.S.-based parent reported a quarterly loss exceeding $500 million, Outback Steakhouse Canada -- an arm of the 978-unit, Tampa Fla.-based Outback chain -- said it closed all nine of its Ontario outlets. Reports indicated that the move was based on deteriorating profits.“The decision to exit Ontario was a difficult one, and it was made only after considerable reflection and analysis,” a notice at OSC’s website said. Outback officials could not be ...
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Contact: Desiree Torres Desiree.Torres@penton.com