Thursday, June 4, 2026Aggregating 2,418 sources · Updated 38 seconds agoNYC 54° · LON 47° · TOK 61°
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47-year-old high-end steak and seafood chain closes 80 locations

THE STREET·6d ago·3 min read
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The steakhouse restaurant sector has faced a major impact from an increase in beef costs, as steak prices spiked 16% to $12.73 per pound in March 2026, according to data from the Federal Reserve Bank of St. Louis, WIBC- Radio reported. As the price of beef increases for …

The steakhouse restaurant sector has faced a major impact from an increase in beef costs, as steak prices spiked 16% to $12.73 per pound in March 2026, according to data from the Federal Reserve Bank of St. Louis, WIBC- Radio reported. As the price of beef increases for …

The steakhouse restaurant sector has faced a major impact from an increase in beef costs, as steak prices spiked 16% to $12.73 per pound in March 2026, according to data from the Federal Reserve Bank of St. Louis, WIBC- Radio reported. As the price of beef increases for …

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