No cherry on top? Struggling Steak 'n Shake hopes to save $1 million
Restaurant chain may stop putting cherries atop milkshakes
ORLANDO, Fla. – Your milkshake at Steak 'n Shake may soon come without a cherry on top.
The restaurant chain, which had an operating loss of nearly $19 million in the first quarter, is considering cutting cherries, a move that its CEO says would save $1 million a year, according to CBS News.
According to the report, traffic is down 13% at Steak 'n Shake restaurants over the last three years.
The chain is also considering a plan that includes transferring Steak 'n Shake's 400 company-owned restaurants to single-store franchisees.
Steak 'n Shake was founded in 1934.
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