Favorite Steak Restaurant Closes All 261..

In a desperate move to stay afloat, Logan’s Roadhouse has fired all employees and is closing 261 locations.Instead of adapting to take-out and delivery, the company opted to cut payroll and benefits amid the economic collapse.Logan’s Roadhouse, part of CraftWorks Holdings, also saw its CEO, Hazem Ouf, fired for misappropriating $7 million in sales taxes. The company, struggling with Chapter...

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