Post Profile






Olive Garden owner says it'd sure be 'helpful' if more chains went bankrupt

Every day, predictions about the restaurant industry careening toward massive recession look more and more like reality. Last week, it was flatbread-sandwich purveyor Così that declared bankruptcy; this week, it's Garden Fresh, the company that runs the nation's 123 Souplantation and Sweet Tomatoes restaurants. At least 11 others have done the same thing since last December, among them chains like Old Country Buffet and Ryan's, Johnny Carino's, Quaker Steak & Lube, Fox & Hound, Logan's Roadhouse, and Black-Eyed Pea.
read more

share
See more about: Olive Garden

Related Posts


Red Lobster's Owner Is Taking A Big Step Toward Complete Global Lobster Domination

Business & Finance : Business Insider: Money Game

Darden Restaurants, the owner of Red Lobster, Olive Garden, and LongHorn Steakhouse chains, announced last spring that it was investing in the world's first commercial lobster farm in Malaysia. In an analyst conference today, the re...

Darden Restaurants CEO: 'We're Not Assuming The Industry's Going To Get Much Better'

Business & Finance : Forbes: Business

When Darden Restaurants -- the company behind Olive Garden, Bahama Breeze, LongHorn Steakhouse and more -- reported first quarter earnings results Tuesday morning, the results were better than expected: earnings per share beat the W...

The owner of Olive Garden reported dynamite earnings and the stock is leaping (DRI)

Business & Finance : Business Insider: Money Game

Darden Restaurants, the owner of various restaurant chains such as Olive Garden and Longhorn Steakhouse, reported higher than expected earnings and guidance for their first fiscal quarter of 2017 on Tuesday. The restaurant group rep...

Olive Garden Owner Says It’d Sure Be ‘Helpful’ If More Chains Went Bankrupt

United States / New York : Grub Street

Industry struggles have gotten so real that companies are now rooting against one another.

Olive Garden just signaled an ominous threat to the restaurant industry (DRI)

Business & Finance : Business Insider: Clusterstock

The restaurant industry needs some blood-letting according to the CEO of a major restaurant chain. The CEO of Darden Restaurants, the owners of chains such as Olive Garden and Longhorn Steakhouse, said in the company's quarterly ear...

Comments


Copyright © 2016 Regator, LLC