As a lifelong Illinois resident, it is sad to see such a great place struggling. Steak’n Shake was founded back in 1934 in Normal, Illinois. Since then, they have expanded all over the country. But, in the last few years, they have been struggling financially.
Because of the coronavirus pandemic, Steak ‘n Shake has made the decision to close 57 of its restaurants.
“The COVID-19 pandemic had an adverse effect on our restaurant operations, thereby resulting in the evaluation of company operated restaurants for recoverability,” the company said in a statement.
Steak ‘n Shake has been offering take out, drive-thru, and delivery orders but still had to temporarily close 62 restaurants, but that may not be the end of their troubles.
Because of the pandemic, it may be affected by the beef shortage like Wendy’s and other restaurant chains.