Outback Steakhouse
Similar to its sister restaurant Carrabba’s, Outback Steakhouse has been forced to shut down dozens of locations this year already. It has restaurants all over the world and it has more of an international presence compared to the other subsidiaries of its parent company, Bloomin’ Brands. In 2012, the first initial public offering of Bloomin’ took place and according to SEC filings, the company was aiming to raise $300 million. The IPO wasn’t unsuccessful, but Bloomin’ still had to shut down underperforming chains. Outback’s first location was in Tampa in 1988 and the chain has performed well in Florida, so its branches there are still open.
Outback Steakhouse
Bonefish Grill
Yet another subsidiary of the Bloomin’ Brands, Bonefish Grill is a casual seafood chain that was founded in St. Petersburg, Florida. Its headquarters are still in Tampa and as of 2015, it had 215 locations, but it has closed several of its branches in Florida because of underperformance. Currently, the chain has a $619 million revenue each year. The chain remains popular in Florida, in spite of the few closures, partly because it is a corporation that is socially responsible. It follows the NCOAA sustainability recommendations when it comes to procuring fish and frequently tests the DNA of its fishes to ensure the supply is not over-depleted.
Bonefish Grill
