Outback Shutters Chi-Chi's Chain
Outback Steakhouse Inc. Shutters Chi-Chi's Chain, Will Convert Restaurants Into Other Brands
Chi-Chi's, the Mexican restaurant chain, may have served its last chimichanga. Outback Steakhouse Inc. this week closed on its $42.5 million deal for the rights to 76 restaurants in the Chi-Chi's chain, which was beleaguered by bankruptcy and a hepatitis outbreak.
Outback plans to convert many of the restaurants into its own brands -- which include its signature Outback Steakhouse, Carrabba's Italian Grills, Bonefish Grills, Fleming's Prime Steakhouse and Wine Bars, Roy's and Cheeseburger in Paradise restaurants.
External Source - For the complete article click here
Outback plans to convert many of the restaurants into its own brands -- which include its signature Outback Steakhouse, Carrabba's Italian Grills, Bonefish Grills, Fleming's Prime Steakhouse and Wine Bars, Roy's and Cheeseburger in Paradise restaurants.
External Source - For the complete article click here
