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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 ...
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]
Olive Garden is best known for its homestyle pasta dishes and other Italian-inspired picks, but the restaurant chain also serves some noteworthy lunch specials.For starters, you can get all the ...
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.
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.
Garden Adjacent. Founded in 1982, Olive Garden has served up some of America's favorite Italian-inspired dishes for decades. There are now 900 locations all around the world, so you can be sure ...
In 2010, Olive Garden generated $3.3 billion in sales. Its closest competitor, Carrabba's Italian Grill, had generated $650.5 million in sales during the same year. By 2012, sales had decreased at Olive Garden. At the final quarter of 2011, sales at established Olive Garden locations had decreased by 2.5%.
Take a break from cooking a big holiday dinner this year and dine at one of these restaurants open on Christmas Eve and Christmas Day in 2024!