Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Outback Steakhouse Franchisee Files Bankruptcy After Costs Swell

Cerca Trova Restaurant Group, once the biggest franchisee of Outback Steakhouse restaurants, filed bankruptcy Monday, blaming factors including rising food costs and California’s minimum wage law for its demise.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

More in Finance & Markets

More from Monday 2 November →