Bankruptcy Filed: Logan’s Roadhouse closing 18 locations…

With 250 operating locations, and 23 of those in Alabama, the Nashville steakhouse chain looks to “restructure” its balance sheet.

“For the quarter ending Oct. 28, the chain saw revenue drop 9 .9 percent to $131.3 million, with same-store sales falling more than 4 percent.”

-Leada Gore


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