Posted by: Southsider2k12 Apr 16 2021, 08:44 AM
https://www.nwitimes.com/business/local/steak-n-shake-reopens-portage-michigan-city-restaurants/article_88b0257b-39f8-5d6e-a7fe-fb8423b0e241.html
QUOTE
Steak 'n Shake, the iconic burger chain known for its steakburgers and hand-dipped milkshakes, reopened its restaurants in Portage and Michigan City.
The vintage 1950s-esque diner/fast-food chain temporarily closed its locations at 5809 S. Franklin St. in Michigan City, at 6231 U.S. 6 in Portage and in Benton Harbor just north of the Michigan state line in Harbor Country in 2019 as it looked for franchisees to take them over.
The Indianapolis-based restaurant chain made the unusual move of temporarily shuttering 44 locations across the country while it sought owner-operators for them after losing nearly $30 million over the previous 15 months, raising bankruptcy concerns among industry analysts.
But fortunes since have changed for Steak 'n Shake, which also has eateries in Schererville, Merrillville and Valparaiso.
Steak 'n Shake permanently shuttered the Benton Harbor location in Southwest Michigan but reopened its Portage and Michigan City restaurants for carryout and drive-thru only. Many of the chain's locations have been closed to dining-in since early on in the coronavirus pandemic.