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Darden Restaurants

Olive Garden Is Evidence Of A Huge Problem In The Economy

The Huffington Post | Jillian Berman | Posted 06.20.2014 | Business

One restaurant operator has just given us a small window into a huge problem with the American economy. Darden Restaurants, the Orlando-based purv...

Here's Why Red Lobster Is Dying

The Huffington Post | Jillian Berman | Posted 05.16.2014 | Business

America's changing eating habits are killing Red Lobster. The chain's parent company, Darden Restaurants, announced on Friday it was selling Red Lo...

Red Lobster Is Being Sold For $2.1 Billion

Reuters | Posted 05.17.2014 | Business

(Reuters) - Darden Restaurants Inc said it agreed to sell its Red Lobster seafood chain to private equity firm Golden Gate Capital for $2.1 billion i...

How Eight Democrats Denied Health Plans to Hundreds of Thousands of Californians

Capital and Main | Gary Cohn | Posted 05.14.2014 | Politics

The following story was reported by Capital and Main and published here in collaboration with The Huffington Post. Sign up here for email update...

The National Restaurant Association Spends Big to Keep Wages Low

Mary Bottari | Posted 07.13.2014 | Politics
Mary Bottari

For years, the "Other NRA" has flexed its political muscle to keep wages low and to freeze the tipped minimum wage at just $2.13 per hour. Plus, thanks to non-stop NRA lobbying, the House last month passed a bill changing the threshold for employer-provided coverage under the ACA to deny health care to employees who work 30 hours per week.

Red Lobster Is In Big Trouble

Reuters | Posted 05.21.2014 | Business

March 21 (Reuters) - Darden Restaurants Inc reiterated its plans to divest its struggling Red Lobster chain and reported third-quarter results in l...

Women in Business: Q&A with Laurie Burns, Chief Development Officer for Darden Restaurants

Laura Dunn | Posted 04.29.2014 | Business
Laura Dunn

As Chief Development officer for Darden Restaurants, Laurie Burns is responsible for leading all aspects of development for Darden's restaurant brands...

Big Change Coming To Red Lobster?

Reuters | Posted 04.26.2014 | Business

Feb 24 (Reuters) - Activist hedge fund Starboard Value LP wants to put to shareholder vote Darden Restaurants Inc's plan to spin off its Red Lobste...

The Other NRA: National Restaurant Association Eviscerates the Rights of Customers, Workers, and Children

Michele Simon | Posted 04.21.2014 | Business
Michele Simon

Food movement leaders tend to stick to their specific issues, whether it's advocating for healthy food, fighting for workers' rights or curbing marketing to children. There is one organization that conveniently provides us with one giant target for all of them: the National Restaurant Association.

Olive Garden Adds Burger To Menu

The Huffington Post | Carey Polis | Posted 12.03.2013 | Business

Craving a burger? Now you can find one at Olive Garden. Starting today, an Italiano burger will be available at locations nationwide, the company anno...

The 10 Companies Paying Americans The Least

24/7 Wall Street | Michael B. Sauter, Thomas C. Frohlich and Alexander E.M. Hess | Posted 11.17.2013 | Business

24/7 Wall Street: This summer, thousands of fast-food workers in the United States went on strike in cities across the country, demanding their wages ...

Olive Garden Luring Diners With Cheaper Prices

AP | CANDICE CHOI and MICHELLE CHAPMAN | Posted 08.21.2013 | Business

NEW YORK — If the free breadsticks and unlimited soup and salad aren't enough, Olive Garden is hitting the gas on other promotions to get custom...

Restaurant Chain Fighting Obamacare Sees Profits Fall

AP/HuffPost | Posted 06.24.2013 | Business

ORLANDO, Fla. — Darden's fiscal fourth-quarter net income fell 12 percent on rising costs and expenses, the restaurant operator said Friday. Comp...

Caroline Fairchild

Darden Restaurants Continues War Against Obamacare

HuffingtonPost.com | Caroline Fairchild | Posted 06.21.2013 | Business

Darden Restaurants has run into an obstacle in its battle against Obamacare: the state of California. On Tuesday, the Orlando Sentinel first report...

Women in Business: Q&A With Val Insignares, President of LongHorn Steakhouse

Laura Dunn | Posted 08.17.2013 | Business
Laura Dunn

"The most important tip I can offer involves being clear on your boundaries. For example, ask yourself -- what are you willing to give up and what is a key priority for your family?"

New Data Show Walmart, Whole Foods Free Ride on Taxpayers at the Expense of Small Businesses

Stacy Mitchell | Posted 08.07.2013 | Business
Stacy Mitchell

By leaning on taxpayers, these chains are gaining an unfair financial advantage over more responsible businesses. The public cost of ensuring that employees of these companies have health insurance and enough to live on represents, in effect, a hidden corporate subsidy.

Is the American Dream Out to Lunch?

Simon Greer | Posted 07.06.2013 | Business
Simon Greer

There is a tremendous opportunity for Darden to grow. The first step is to sit down with its own employees and investors to chart a path for growth based on reasonable standards that will make the promise of the American Dream much more than just lofty rhetoric at a trade conference.

Why Aren't There More Chinese Restaurant Chains?

Menuism | Posted 07.06.2013 | Taste
Menuism

With 41,000 Chinese restaurants in the U.S., why aren't there more national chains dishing out sit-down Chinese food?

Companies' Love-Hate Relationship With Payroll Tax Hike

AP | By DANIEL WAGNER | Posted 05.02.2013 | Business

WASHINGTON (AP) — Companies are rushing to describe the impact of higher Social Security taxes that took effect in January. They paint a bleak pictu...

Olive Garden Announces Slowdown

AP | Posted 04.27.2013 | Business

NEW YORK (AP) — Darden Restaurants is pulling back on price increases and the pace of new restaurant openings for its flagship Olive Garden chain, a...

Red Lobster Chain Blames Sliding Sales On Higher Payroll Taxes

AP | Posted 04.24.2013 | Business

ORLANDO, Fla. — Darden Restaurants, struggling to draw more customers into its Olive Garden and Red Lobster restaurants, predicted a third-quart...

Jeffrey Young

Part-Time Workers Go Uninsured Ahead Of Obamacare: Survey

HuffingtonPost.com | Jeffrey Young | Posted 02.04.2013 | Business

Just 8 percent of part-time workers are enrolled in their company health insurance plans, according to a report released Monday that underscores the r...

Profit Plunges After Controversial Obamacare Test

AP | CANDICE CHOI and MICHELLE CHAPMAN | Posted 02.19.2013 | Business

NEW YORK — After new ad campaigns touting the quality of its food failed to spark sales, the parent company of Olive Garden and Red Lobster is r...

Company Abandons Plan To Skirt Obamacare After Backlash

AP | CANDICE CHOI | Posted 02.04.2013 | Business

NEW YORK -- The owner of Olive Garden and Red Lobster says it won't bump any full-time workers down to part-time status, after its tests aimed at limi...

Apparently Trying To Skirt Obamacare Can Hurt Your Bottom Line

AP | Posted 02.03.2013 | Business

ORLANDO, Fla. — Darden Restaurants Inc. is cutting its profit forecast for the year, with the owner of Olive Garden and Red Lobster blaming fail...