Joe's Crab Shack
Landry's, Inc. | |
Website | joescrabshack |
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Joe's Crab Shack is an American chain of beach-themed seafood
History
Joe's Crab Shack opened its first location in Houston, Texas in 1991.
On November 17, 2006, Joe's was sold to
JCS Holdings changed their name to Ignite Restaurant Group in April 2009 and operated the 130 existing Joe's and 26 Brickhouse Tavern and Tap restaurants. Ignite Restaurant Group went public in 2012.
In March 2016, the Joe's location in
Ignite Restaurant Group filed for bankruptcy protection on June 6, 2017, and was re-acquired by Landry's, Inc. in August 2017 at bankruptcy auction for $57 million.[6][7][8]
In August 2017, the chain closed 40 locations in several states amid bankruptcy proceedings as Landry's prepared to take over.[9] Landry's has plans to re-focus the chain, and then to grow it again.
As of May 2021, the chain operates 44 locations in 18 states.
As of November 2023, the chain has decreased its operations to 30 locations in 12 states.
See also
References
- ^ Ruggless, Ron (June 12, 1995). "Landry's eyes Joe's Crab Shack as possible 2nd growth concept". Nation's Restaurant News. Archived from the original on July 8, 2012. Retrieved June 9, 2019.
- Houston Business Journal. Retrieved August 31, 2017.
- ^ "Ignite Restaurant Feasts On $81 Million IPO Raise". Investor's Business Daily. May 11, 2012. Retrieved May 11, 2012.
- ^ "Joe's Crab Shack sorry for controversial picture". KARE. March 11, 2016. Retrieved June 9, 2019.[permanent dead link]
- ^ Garcia, Arturo (March 22, 2018). "Was Joe's Crab Shack Criticized for Displaying a Picture of a Man Being Hanged?". Snopes. Retrieved June 9, 2019.
- Houston Business Journal. Retrieved August 10, 2017.
- Houston Business Journal. Retrieved August 21, 2017.
- ^ Licata, Elizabeth (August 19, 2017). "Joe's Crab Shack closes 41 restaurants without warning". The Baltimore Sun. Retrieved June 9, 2019.
- ^ Cone, Allen (August 20, 2017). "Joe's Crab Shack abruptly closes 40 locations amid bankruptcy proceedings". UPI. Retrieved August 21, 2017.