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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.
The Olive Garden started as a unit of General Mills. The Olive Garden's first restaurant was opened on December 13, 1982, in Orlando, Florida, by co-founders Blaine Sweatt, Mark Given, Gino DeSantis and Dave Manuchia. By 1989, there were 145 The Olive Garden restaurants, making it the fastest-growing units in the General Mills restaurant division.
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 ...
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.
(Editor's note: The following story is an account by a former Carrabba's employee who no longer has ties to the company. One WalletPop editor who recently dined at a Michigan location of this ...
Carrabba’s was actually a bright spot, with same-store sales up 2.5%. The stock price for Bloomin’ rose more than 6% in the past five days, topping $28 at one point.
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]
The Food That Built America is an American nonfiction docudrama series for the History Channel, that premiered on August 11, 2019.Each episode outlines the development of a popular type of food or restaurant in the United States, typically focusing on the rise of two major companies that become rivals.