Iconic Steak Restaurant Chain Shuts Nationwide
The popular American steakhouse chain Logan’s Roadhouse shocked customers when it suddenly closed all 261 corporate-owned locations and laid off nearly 18,000 employees during severe financial difficulties. The crisis was worsened by issues involving misused sales tax funds, pushing the company into bankruptcy.
The brand was later acquired by SPB Hospitality, which purchased the CraftWorks portfolio and began reopening restaurants. Since then, Logan’s Roadhouse has gradually recovered and continues serving its well-known mesquite-grilled steaks and classic American dishes.
By 2025, the chain operates about 135 locations across 22 states, showing signs of recovery after a difficult period that left thousands of workers affected and highlighted the risks large restaurant chains face during financial crises.