Upscale steakhouse chain shutters dozens of locations
Yahoo Finance·2026-01-02 02:17
During the Covid lockdowns, my wife and I occasionally ordered from major steakhouses like Morton’s and Ruth’s Chris, which offered aggressive delivery deals and meal kits. Those promotions underscored how heavily steakhouses depended on in-person dining and how vulnerable they were when offices emptied, and business travel stalled. "As remote or hybrid work continues to be popular, office attendance has fallen. Less in-person work may increase office vacancy rates and reduce foot traffic to other busin ...