INDIANAPOLIS Pressed for strategic changes by two investor groups, Steak n Shake Co. said today that it would "critically" review costs and intensify its focus on field operations. The 490-unit casual-dining operator also said it would evaluate "potential opportunities" through a newly appointed financial advisor and a just-formed special committee of outside directors. In addition, the new strategic plan calls for "simplifying initiatives," though Steak n Shake did not explain what ...

Register to view this article

It’s free but we need to know a little about you to continually improve our content.

Why Register?

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!

Already registered? here.