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Stock impact report

Tad’s Steaks Is Closing, Another Retail Relic That Didn’t Keep Up [Forbes]

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Company Research Source: Forbes
Tad’s Steaks Is Closing, Another Retail Relic That Didn’t Keep Up Alas poor Tad’s, we ate you well. With the report in the New York Post of the impending close of the last Tad’s Steaks in New York City – and one of only two remaining in the country from what was once a 28-store chain – there are most certainly mixed emotions among many. Perhaps some misplaced hunger pangs too. For some of a certain age, Tad’s was a special treat in the dining world for those of modest means and somewhat-less-than-discerning taste palettes. Offering steak dinners at seemingly impossible prices – as low as a dollar and change when it first opened in 1957 to anywhere from $9 to about double that with all the trimmings now – Tad’s was a step-up from the fast food world. One can even make the case it was among the first players in what is now called fast casual dining. Its closing does not exactly come as a surprise to those of us who watched it become increasingly irrelevant on the restaurant scene, an an Show less Read more
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