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Red Lobster Sales

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...

2 Reasons Red Lobster Is In Big Trouble

The Huffington Post | Jillian Berman | Posted 03.21.2014 | Business

Red Lobster has two problems: One big, one small. Red Lobster sales fell 8.8 percent from a year ago in its latest quarter, parent company Darden ...

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...

Olive Garden, Red Lobster Struggle To Revive Sales

AP | CANDICE CHOI and TOM MURPHY | Posted 08.22.2012 | Food

NEW YORK -- Darden Restaurants Inc. is struggling to revive sales at its flagship Olive Garden and Red Lobster restaurants. A key sales figure fell at...