Bloomin’ Brands Inc. said on Tuesday that it would close about 22 underperforming Outback Steakhouse units by the end of the first quarter of 2014 in a move aimed at paving the way for new growth. The planned closures will target locations with moderately negative sales that are not good candidates for relocation, said Dave Deno, executive vice president and chief financial and administrative officer for Tampa, Fla.-based Bloomin’ Brands. “For us, it’s all about ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!
Questions about your account or how to access content?