38-year-old beloved steakhouse chain closing over 40 locations

Outback Steakhouse, a beloved 38-year-old dining chain, is closing over 40 locations due to challenging market conditions. The company, owned by Bloomin' Brands, is implementing a multi-year turnaround strategy to improve business performance. Outback has already closed its Evansville, Wyoming location and will soon close another in Baltimore, Maryland.

The Evansville location, operated by a franchisee since 2005, opened in 1998 and had been a beloved fixture in the community for 21 years. The company did not disclose the reason for the closures, but stated that they are grateful for the community's support and will continue to operate in other locations across Maryland and Wyoming.