50 Brands on the Brink of Declaring Bankruptcy

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Outback, Carrabba’s, and Bonefish Grill are all under Bloomin’ Brands, and all of them are struggling. People are now choosing healthier restaurants, and that makes it hard for chains like these to remain afloat. The company has been announcing losses of $4.3 million, so the plan is to close stores in the hopes that profits return.  

Outback Steakhouse

In addition, Outback Steakhouse has invested in updating and remodeling its restaurants, with a focus on enhancing the customer experience and improving efficiency. The company has also expanded its menu to include more plant-based options and to cater to changing consumer preferences. Outback Steakhouse has also expanded its takeout and delivery options, and has launched a new loyalty program to reward and retain customers.

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Did you know...

  • There are over 1.6 million automated teller machines around the world. And that really does mean the entire world. There are even two ATMs on Antarctica at McMurdo Station operated by Wells Fargo. Friday is the most popular day that ATMs are used worldwide, and the average withdrawal is around $80.
  • When it comes to counterfeiters, North Korea are pros. They have gotten so good at counterfeiting American currency (particularly the $50 and $100 bills) they their fakes are known as "superdollars." They require specialized Federal Reserve equipment to be identified. There are $45 million worth of North Korean fakes…that we know of.
  • Paper money is actually pretty heavy. One pound would be worth $454 in $1 bills. That means $1 million comprised solely of $100 bills would weigh over 20 pounds. Those suitcases filled with money in movies must be hefty to lug around all that paper money. If you plan on robbing a bank, you better bulk up!
  • Want a money saving tip? Ditch credit and debit cards, and stick to carrying around cash. Studies show people spend between 12 – 18% more when using a plastic card as opposed to when paying for things in cash. If you physically have to dole it out, you’re much more aware that you are spending your hard-earned money!
  • The most expensive hotel room in the world (the Royal Penthouse Suite at the Hotel President Wilson in Geneva, Switzerland) costs $83,200 a night. That's $58 per minute for a stay! Good thing it has 12 bedrooms, 12 baths, a wraparound terrace, a Steinway piano, and an assigned private staff (including a chef)!