Renowned Steak Restaurant Brand Calls It Quits, Closing All 261 Branches

Logan’s Roadhouse, a popular steakhouse chain, faces severe economic challenges and tough decisions. Instead of pivoting to take-out and delivery, the company shocked many by closing all 261 locations, leaving thousands of employees uncertain about their futures. The situation worsened when CraftWorks Holdings, its parent company, fired CEO Hazem Ouf over allegations of financial misconduct, including misusing $7 million in sales taxes. Ouf’s actions undermined the company’s financial stability and betrayed employees’ trust. Under new CEO Marc Buehler, the company continued cost-cutting measures, including employee layoffs and the elimination of healthcare benefits. This left many workers struggling, with Obamacare being one of the few alternatives available during the ongoing pandemic.