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On May 12, 2014, Darden announced that as part of the spinoff of Red Lobster, it was converting the co-located Red Lobster and Olive Garden locations into standalone Olive Garden locations. [27] On May 16, 2014, Darden announced that it would be selling the Red Lobster seafood restaurant chain to Golden Gate Capital for US$2.1 billion. [28]
Over the course of the fiscal year, Olive Garden hiked prices up about 3.5%, compared to roughly 4% across Darden’s brands, which include LongHorn Steakhouse, Eddie V’s and Cheddar’s Scratch ...
Sizzler: Participating locations offer a free lunch to any active-duty military or veteran until 4:00 p.m. Sullivan’s Steakhouse : Veterans and active-duty military get the Sullivan’s ...
Johnny Carrabba and his family are still the proprietors of both original locations. [2] [3] In January 1993, under a joint venture with Outback Steakhouse, Inc. (the predecessor to Bloomin' Brands), 10 new Carrabba's locations were opened in Houston and Florida. Two years later, OSI acquired the rights to develop the Carrabba's chain ...
Olive Garden is an American casual dining restaurant chain specializing in Italian-American cuisine. It is a unit of Darden Restaurants, Inc., which is headquartered in Orange County, Florida. [2] As of 2022, Olive Garden restaurants accounted for $4.5 billion of the $9.63 billion revenue of Darden. [3] [4]
Here's how chains like Olive Garden, Cheesecake Factory, and Texas Roadhouse ranked by customer satisfaction. The casual-dining industry has had its fair share of struggles in recent years.
2. Lenny’s Grill & Subs. Lenny’s, a sub chain with about 100 locations across the South, is so close to serving a great meatball sub. The bread is just right.
The company went public in 1991 as a 49-restaurant chain and changed its name to Outback Steakhouse, Inc. The Carrabba's Italian Grill was launched in 1993. The company's international expansion began with the first Outback Steakhouse to open in Canada. Revenues for the company exceed $1 billion for the first time.