Favorite Steak Restaurant Closes All 261..

In a desperate move to stay afloat, Logan’s Roadhouse has fired

all employees and is closing 261 locations. Instead of adapting

to take-out and delivery, the company opted to cut payroll and benefits

amid the economic collapse. Logan’s Roadhouse, part of CraftWorks Holdings,

also saw its CEO, Hazem Ouf, fired for misappropriating $7 million in sales taxes.…