Steak n' Shake permanently closes 51 restaurants, continuing the chain's dangerous downward spiral toward bankruptcy

Business Insider ^ | May 12, 2020 | Irene Jiang

[C19fan]

Steak n' Shake is closing 51 restaurants permanently, according to a recent quarterly report from its parent company, Biglari Holdings.

The hamburger chain's net sales for the first quarter of 2020 were down $60.9 million compared to the first quarter of 2019 — a 36.8% year-over-year decrease.

[originalbuckeye]

MUCH better than an Orange Julius. It is a cremesickle milkshake. You can’t get one in Tempe. I was buying them in the 60’s in eastern Illinois. And they still have them. Look for it on the menu.....it is indescribably delicious!

PS-where is there another S n S in AZ?

[Dr. Sivana]

PS-where is there another S n S in AZ?

None that I know of. It is mainly a midwest/southeast thing. The one in Tempe is an exception, as Phoenix has enough snowbirds to generate one of a lot of things you don't see elsewhere in the southwest. (e.g. Giodano's)

[originalbuckeye]

Ah, ok. Well the one in Tempe is closed for now anyway, but their menu isn’t even close to a real S n S.