"steak-out" news and stories

A steak delivery chain that's closed half its outlets is pinning its turnaround hopes on a state that seems perpetually starved for beef.

"If you can't make a steak delivery system work in Texas, then something's very wrong," concedes Mark Kime, who opened the state's first Steak-Out in Fort Worth late last month.

The Steak-Out concept -- summarized on the company's Web site as "from our grill to your door" -- was created in 1986 in Alabama by David Martin, who helped grow the chain to 70 stores. There are now a mere 30 outlets spread across a dozen Southern and Midwestern states.

According to a recent story in the Fort Worth Star-Telegram, the chain shut down 10 stores over the last 18 months for under-performing and failing to comply with company standards. Chief Operating Officer Peter Petrosian told the paper that Steak-Out plans to revitalize its operations by recruiting more franchisees like Kime, who's spent 17 years in the restaurant business.