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Darden Restaurants, Inc. is an American multi-brand restaurant operator headquartered in Orlando, Florida. As of May 2023, the firm owns three fine dining restaurant chains: Ruth’s Chris Steak House, Eddie V's and The Capital Grille; and six casual dining restaurant chains: Olive Garden Italian Restaurant, LongHorn Steakhouse, Bahama Breeze, Seasons 52, Yard House and Cheddar's Scratch Kitchen.
Red Lobster Hospitality, LLC is an American casual dining restaurant chain headquartered in Orlando, Florida.The company has operations across most of the United States (including Puerto Rico and Guam) and Canada, as well as in China, Ecuador, Hong Kong, Japan, Malaysia, Mexico, Philippines, Turkey and the United Arab Emirates; as of June 23, 2020, the company had 719 locations worldwide.
An Olive Garden restaurant in Auburn Hills, Michigan. Example of location with old logo. In 2011, Darden announced that it was going to begin co-locating Olive Garden and sibling chain Red Lobster locations. The new restaurants were designed for smaller markets and had separate entrances and dining areas, but unified kitchen and support areas.
Red Lobster saw an additional $12.5 million in losses in the fourth quarter of 2023, which Thai Union blamed on challenges like higher costs and interest rates. This all culminated in Thai Union ...
Alamy Darden's (DRI) bout with financial indigestion continues. The casual dining operator behind the Red Lobster and Olive Garden chains disappointed the market again with a lackluster earnings ...
Combined same-unit sales at Olive Garden, Red Lobster, and LongHorn Steakhouse fell 0.3%. Comps were positive at Olive Garden for the first time in six quarters, but weakness at Red Lobster kept ...
Founder of Red Lobster. Spouse. Mary Green. Children. 3. William Bristor Darden (November 17, 1918 – March 29, 1994) was an American businessman and the founder of the Red Lobster restaurant franchise. He is also the namesake of the multi-brand restaurant operator Darden Restaurants, which considers Darden to be its founder. [1]
At the time of writing, Red Lobster has not officially filed for bankruptcy. Who owns Red Lobster? Golden Gate Capital took over Orlando, Florida-based Red Lobster from Darden Restaurants through ...
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