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Coverage dated November 2, 2026 to November 4, 2026

Outback Steakhouse's Largest US Franchisee Files for Bankruptcy

Headline from Newsweek, from the development of Nov 2, 2026

Newest development Nov 4, 2026 · 2 reportsOutback Steakhouse's former biggest franchisee filed for bankruptcy over rising costs

The deal could see 61 Australian-themed restaurants change hands.

Newsweek's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Developments in this update

2 dated developments, oldest first, newest marked. Each is named by one outlet's own headline; open its reports to see every outlet that covered it.

  1. Names this update

    Outback Steakhouse's Largest US Franchisee Files for Bankruptcy

    Headline from Newsweek ·

  2. Newest

    Outback Steakhouse's former biggest franchisee filed for bankruptcy over rising costs

    Headline from Quartz ·

Read the reports

Reports & sources

13 articles, oldest first.

  1. Bloomberg

    Outback Steakhouse Franchisee Files Bankruptcy After Costs Swell (opens Bloomberg)

    Published

    Bloomberg's feed description

    Cerca Trova Restaurant Group, once the biggest franchisee of Outback Steakhouse restaurants, filed bankruptcy Monday, blaming factors including rising food costs and California’s minimum wage law for its demise.

  2. Quartz

    Outback Steakhouse's once-biggest franchisee filed for bankruptcy over rising costs (opens Quartz)

    Published

    Quartz's feed description

    Bloomin' Brands agreed to buy the 61-restaurant operator's assets for $26.3 million, subject to higher bids and court approval

  3. FOX Business

    Outback Steakhouse franchisee files for bankruptcy (opens FOX Business)

    Published

    FOX Business's feed description

    Outback Steakhouse parent Bloomin' Brands seeks to acquire 61 restaurants from bankrupt franchisee Out West in a $26.3 million deal subject to court approval.

  4. The Oregonian

    Beloved steakhouse chain’s largest US franchisee files for bankruptcy (opens The Oregonian)

    Published

    The Oregonian's feed description

    Parent company Bloomin' Brands is expected to buy 61 locations across five western states.

  5. New York Post

    Rising food costs prompt big Outback Steakhouse franchisee to file for bankruptcy (opens New York Post)

    Published

    New York Post's feed description

    One of the biggest owners of Outback Steakhouse restaurants in the country filed for bankruptcy this week, citing factors including rising food costs.

  6. Inc.

    Outback’s Largest Franchisee Filed for Bankruptcy. Now Its Parent Wants All 61 Restaurants (opens Inc.)

    Published

    Inc.'s feed description

    The restaurants are spread across five states. Now the steakhouse’s parent company is stepping in.

  7. Newsweek

    Outback Steakhouse's Largest US Franchisee Files for Bankruptcy (opens Newsweek)

    Published

    Newsweek's feed description

    The deal could see 61 Australian-themed restaurants change hands.

  8. Fast Company

    Outback Steakhouse store closures: See a list of doomed locations as franchisee files for bankruptcy (opens Fast Company)

    Published

    Fast Company's feed description

    A number of Outback Steakhouse locations closed their doors last month in the lead-up to a bankruptcy petition by one of the casual dining chain’s largest franchisees, court documents reveal. The store closures span four states.

  9. Quartz

    Outback Steakhouse's former biggest franchisee filed for bankruptcy over rising costs (opens Quartz)

    Published

    Quartz's feed description

    Bloomin' Brands has agreed to buy the 61-restaurant operator's assets for $26.3 million, subject to court approval and higher bids

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.