Well, this is a crappy policy. If you have any Steak 'n Shake gift cards, be careful if you don't use them for more than two years as they'll start to lose value. That's because although the cards don't have an expiration date per se, Steak 'n Shake charges a $1.50 monthly fee after 24 months of inactivity. As per the card's terms: The card has no expiration date, but after … [Read more...]

Update 2/23/21: Steak 'n Shake has paid off its loan which means it's managed to avoid having to file for bankruptcy. It's still not clear what their prospects will be like long-term, but this presumably means they're in a more stable position than they were in recent months. They're now suing their lender - it's worth reading this article for a look at what's been happening … [Read more...]