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The company was founded in August 1988 as Multi-Venture Partners, Inc. in Florida by Tim Gannon, Bob Basham, Trudy Cooper, and Chris Sullivan. In 1988 the first Outback Steakhouse was opened in Tampa, Florida. The company went public in 1991 as a 49-restaurant chain and changed its name to Outback Steakhouse, Inc.
Gempler's was sold in 2003 to Lab Safety Supply and the owners retained Duluth Trading Company. [3] Two years later in 2005, the first women's catalog was released. [2] In 2011, Duluth Trading Company aired its first nationwide ads featuring an angry beaver. [4] Duluth Trading Company's parent, Duluth Holdings, went public in 2015. [5]
The company and its founders are major contributors, via the Outback Steakhouse PAC, to the Republican Party, contributing $303,015 and $334,197 for the 2000 and 2004 election cycles, respectively. [ 11 ] [ 12 ] The Outback Steakhouse PAC itself is one of the largest donors in the food and beverage sector, second only to the National Restaurant ...
Fans of Outback Steakhouse may be surprised to see their local restaurant permanently closed after the chain’s parent company abruptly shut down dozens of locations around the US.. Bloomin ...
Outback's financial woes have continued in 2024, with the chain reporting a 4.2% drop in traffic at American restaurants and a 1.2% drop in domestic same-store sales.
Outback Steakhouse parent company Bloomin’ Brands, which also owns Carrabba’s Italian Grill, Bonefish Grill and more chains, has closed 41 restaurant locations.
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