outback closing
Definition
A collective industry event referring to the strategic shutdown of specific underperforming locations by the Outback Steakhouse restaurant chain as part of a corporate turnaround and cost-optimization initiative.
A consumer or observational shorthand for the contraction of the Bloomin' Brands restaurant footprint in response to shifting economic conditions and dine-in habits.
Examples
I arrived at the strip mall craving a Bloomin' Onion, only to find an outback closing notice taped to the door alongside a tumbleweed.
With the latest round of outback closing headlines, it seems the only thing being sliced thinner than a sirloin is the chain's physical map of reach.
He spent his entire dinner budget on an outback closing sale, mostly because the decor was the only thing he could afford to take home.