Bloomin’ Brands Gets a Jolt of COVID-19 Recovery Hope
In the week that ended May 3, Bloomin’ Brands had 23 Outback restaurants open for limited dine-in service.
Outback Steakhouse
Outback Parent Hasn’t Laid Off or Furloughed Any Employees Due to COVID-19
So far, Bloomin’ Brands has achieved something few restaurant chains can claim during the COVID-19 pandemic: The company hasn’t laid off or furloughed any employees as a result of the crisis. ...
Bloomin’ Brands CEO Forgoes Salary to Aid Employees
Bloomin’ Brands CEO David Deno joined the rank of restaurant executives electing to forgo their salaries in an effort to help frontline workers, the casual-dining company revealed Friday in a secur ...
Casual-Dining Brands Bolster Cash Reserves in Uncertain Financial Future
Some casual-dining brands are switching their operation model and increasing liquidity as they chart through several unknowns during the COVID-19 pandemic.
Bloomin’ Still Considering Sale of Company, Other Options
Three months after announcing the exploration of strategic alternatives, Bloomin’ Brands is not ready to sell—a
Bloomin’ Executive Chairman Steps Down, Two Execs Depart
Bloomin’ Brands, the parent company of Outback Steakhouse, announced Thursday a restructuring of leadership, including two executives departing and Elizabeth Smith stepping down as executive chairm ...
Activist Seeks More Seats on Bloomin’s Board
Activist investor Jana Partners announced Monday in a filing that it will nominate two people to the Bloomin’ Brands eight-member board of directors, and a third, if it’s an option. ...
Why is Outback Mulling Over a Sale?
Bloomin’ Brand’s decision to explore strategic alternatives, including a possible sale of the comp
Outback Steakhouse Parent Considering a Sale
Bloomin’ Brands has put itself up for sale, the company announced Wednesday morning during its third-quarter review.
Outback Strikes Major Delivery Deal, But That's Only Half the Story
Outback hinted in August that Tuesday’s news was coming. But you really have to stretch back further to understand why it’s not just another delivery announcement.
