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Red Lobster Is Reportedly Considering Filing for Chapter 11 Bankruptcy: Seafood chain Red Lobster is reportedly considering filing Chapter 11 bankruptcy ...
entrepreneur.com/business-news/red-lobster-is-reportedly-considering-filing-for-chapter-11/472849
Red Lobster Is Reportedly Considering Filing for Chapter 11 Bankruptcy
Quick Glance: Red Lobster Considers Bankruptcy
  • The seafood chain Red Lobster is exploring a potential Chapter 11 filing to restructure its debts, based on insider insights.

  • Legal guidance for Red Lobster is provided by King & Spalding. The restaurant chain is contemplating terminating long-term contracts and renegotiating a variety of leases.

  • A sign reading “Open For Takeout & Free Delivery” is displayed outside a Red Lobster establishment in Secaucus, New Jersey, USA.

  • Established in 1968 in Lakeland, Florida, Red Lobster started with a single restaurant. The introduction of their famous cheese-flavored biscuits occurred in 1992, and the chain now operates hundreds of locations in the US, Canada, and international franchises.
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Red Lobster seeks a buyer as it looks to avoid bankruptcy filing: Beleaguered seafood chain Red Lobster is seeking a buyer as it looks to avoid filing for ...
cnbc.com/2024/04/25/red-lobster-seeks-a-buyer-as-it-looks-to-avoid-bankruptcy-filing.html
Red Lobster seeks a buyer as it looks to avoid bankruptcy filing
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Texas Roadhouse surpassed Applebee’s in sales in 2023. Texas Roadhouse’s sales jumped by nearly 14% in 2023, while its unit count grew by nearly 4% ... Show more

Texas Roadhouse surpassed Applebee’s in sales in 2023 | Nation's Restaurant News
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Spanish Flowers, 2 other restaurants expanding to Woodlands soon: Spanish Flowers, The Capital Grille and Yard House are coming to The Woodlands Mall area ahead ...
houstonchronicle.com/neighborhood/woodlands/article/woodlands-mall-new-restaurants-spanish-flowers-19375754.php
Spanish Flowers, 2 other restaurants expanding to Woodlands soon
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Texas Roadhouse surpassed Applebee’s in sales in 2023. Texas Roadhouse’s sales jumped by nearly 14% in 2023, while its unit count grew by nearly 4% ... Show more

Texas Roadhouse surpassed Applebee’s in sales in 2023 | Nation's Restaurant News
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Olive Garden is too expensive if you're making less than $75K: Even the Olive Garden is becoming increasingly too expensive for many Americans.
nypost.com/2024/04/03/business/olive-garden-is-too-expensive-if-youre-making-less-than-75k/
Olive Garden is too expensive if you're making less than $75K
Quick Glance: Olive Garden Too Pricey for Incomes Under $75K
  • Olive Garden is becoming increasingly out of reach for many Americans, especially those with lower incomes.

  • Last year, Olive Garden stopped offering free pasta refills due to high inflation levels.

  • Darden, Olive Garden's parent company, kept price increases below inflation but discontinued popular promotions like free pasta refills.

  • The company operates over 2,000 restaurants, including Olive Garden, Longhorn Steakhouse, Cheddar’s Scratch Kitchen, and Capital Grille.
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Darden: Lower-income diners cutting back, high earners dining out more: Darden Restaurants' CEO said that sales from lower-income customers were "much lower" ...
businessinsider.com/darden-restaurants-olive-garden-longhorn-steakhouse-lower-income-diners-trend-2024-3
Darden: Lower-income diners cutting back, high earners dining out more
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Diners buy more steak at restaurants when beef is expensive: Darden CFO: Customers worry that they could be taking a risk if they cook steak at home when it's ...
businessinsider.com/beef-expensive-diners-buy-more-steak-at-restaurants-dining-darden-2024-3
Diners buy more steak at restaurants when beef is expensive: Darden CFO
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Subway plans four sauces for grocery sales. Brand teams with T. Marzetti Co. for scholarship fund benefit Subway plans four sauces for grocery sales | Nation's Restaurant News
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The Applebee’s ‘date night’ pass sold out, but are such promotions a true deal?: Companies can hook customers with pass programs and other deals ...
marketwatch.com/story/the-applebees-200-date-night-pass-sold-out-quickly-but-are-these-promotions-worth-it-66f48ac1
The Applebee’s ‘date night’ pass sold out, but are such promotions a true ...
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California fast food joints are laying off workers before a new law hikes pay: The new law will increase the minimum wage for fast food workers to $20 an hour
qz.com/california-restaurants-laying-off-workers-before-new-wa-1851363033
California fast food joints are laying off workers before a new law hikes ...
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Talking birds and a curse: The Johnson County restaurant that nearly made it, but didn’t
kansascity.com/news/local/article286122161.html
Talking birds and a curse: The Johnson County restaurant that nearly made ...
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Signs are building that consumers are wobbling: A slew of companies this week reported signs of consumers weakening, including Lululemon ...
axios.com/2024/03/22/consumer-spending-report-down-groceries-restaurants
Signs are building that consumers are wobbling
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Opening Bell: Micron Technology, Li Auto, Apple, Guess, Darden Restaurants, Reddit
14:18
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Restaurant Stocks Drop as Inflation Data Show Rising Menu Prices
barrons.com/articles/restaurant-stocks-inflation-cpi-menu-e988473c
Restaurant Stocks Drop as Inflation Data Show Rising Menu Prices
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Drew Madsen promoted to permanent CEO of Noodles & Company. The former Panera and Darden executive has been interim chief executive since November ow.ly/g9pi105kZIk
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Capital Grille, Yard House restaurants expanding to The Woodlands Mall: Capital Grille and Yard House are both expanding into The Woodlands at two standalone ...
houstonchronicle.com/neighborhood/woodlands/article/capital-grille-yard-house-woodlands-restaurants-18708295.php
Capital Grille, Yard House restaurants expanding to The Woodlands Mall
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Naperville council concerned about 32-ounce beer servings, seeks more information and options
chicagotribune.com/2024/02/23/beer-pour-limit-naperville-block-59-city-council/
Naperville council concerned about 32-ounce beer servings ...
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Ruth’s Chris Steak House, Yard House opening in Naperville — but only with changes on beer and wine size limits
chicagotribune.com/2024/02/09/ruths-chris-steak-house-yard-house-coming-to-naperville-but-only-with-changes-on-beer-and-wine-size-limits/
Ruth’s Chris Steak House, Yard House opening in Naperville — but only with ...
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Buy These 5 Stocks to Play the Small-Cap Rally: Small-cap stocks have taken off in the recent rally, but they are still a bargain compared with stocks of bigger ...
barrons.com/articles/five-cheap-small-cap-stocks-d0452c0f
Buy These 5 Stocks to Play the Small-Cap Rally
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Floyd Mayweather Jr. sued over alleged assault at L.A. Live Yard House: Floyd Mayweather Jr. is being sued by a man who claims a bodyguard struck and wrestled ...
latimes.com/sports/story/2024-01-17/floyd-mayweather-jr-assault-lawsuit-los-angeles-yard-house
Floyd Mayweather Jr. sued over alleged assault at L.A. Live Yard House
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Olive Garden's owner says the holidays bode well for restaurants: Consumers seeking savings by eating at home seem to have decided enough is enough.
axios.com/2023/12/15/olive-garden-restaurants-darden
Olive Garden's owner says the holidays bode well for restaurants
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Darden absorbs Ruth’s Chris as other fine-dining restaurants slump a bit: Ruth's Chris staffers moved from their former headquarters in Winter Park to ...
orlandosentinel.com/2023/11/22/darden-absorbs-ruths-chris-as-other-fine-dining-restaurants-slump-a-bit/
Darden absorbs Ruth’s Chris as other fine-dining restaurants slump a bit
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Olive Garden passes the $5 billion sales mark for the first time. Sales and traffic for Olive Garden and LongHorn Steakhouse outperformed category benchmarks ... Show more

ow.ly/pciJ10569Hx
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Olive Garden passes the $5 billion sales mark for the first time. Sales and traffic for Olive Garden and LongHorn Steakhouse outperformed category benchmarks ... Show more

ow.ly/pRXL1055Nj1
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Darden activist investor now sets its sights on Outback Steakhouse, Carrabba’s: Starboard Value, which was once an activist investor in Olive Garden owner Darden ...
orlandosentinel.com/2023/10/31/darden-activist-investor-now-sets-its-sights-on-outback-steakhouse-carrabbas/
Darden activist investor now sets its sights on Outback Steakhouse ...
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Longhorn Steakhouse is opening 2 new locations in North Texas. One is next to Buc-ee’s
star-telegram.com/news/business/fort-worth/article281892518.html
Longhorn Steakhouse is opening 2 new locations in North Texas ...
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Wall Street is asking how weight loss drugs will affect consumer giants — but it may be too early to tell
cnbc.com/2023/11/06/weight-loss-drug-frenzy-hits-consumer-giants-in-earnings-season.html
Wall Street is asking how weight loss drugs will affect consumer giants — ...
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Will Ozempic temper consumer hunger for Olive Garden breadsticks, groceries?: Effects of diabetes drugs such as Ozempic on restaurant and grocery demand are ...
orlandosentinel.com/2023/10/25/could-ozempic-temper-consumer-hunger-for-olive-garden-groceries/
Will Ozempic temper consumer hunger for Olive Garden breadsticks ...
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Some older customers are staying away from Olive Garden and Cracker Barrel: Even the unlimited breadsticks at Olive Garden and wooden rocking chairs at Cracker ...
mercurynews.com/2023/09/22/some-older-customers-are-staying-away-from-olive-garden-and-cracker-barrel/
Some older customers are staying away from Olive Garden and Cracker Barrel
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Ruth's Chris, Capital Grille Owner Darden (DRI) Sees Wealthy Diners Trading Down
bloomberg.com/news/articles/2023-09-21/darden-sees-softness-among-higher-income-households
Ruth's Chris, Capital Grille Owner Darden (DRI) Sees Wealthy Diners ...
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Red Lobster taps longtime executive for long vacant CEO post: Horace Dawson, the seafood restaurant chain's executive vice president and general counsel ...
orlandosentinel.com/2023/09/21/red-lobster-taps-internal-executive-for-long-vacant-ceo-post/
Red Lobster taps longtime executive for long vacant CEO post
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How Outback's success in Brazil is keeping the Australian-style barbecue chain alive
cnbc.com/2023/09/12/how-outback-success-in-brazil-keeps-australian-style-bbq-chain-alive.html
How Outback's success in Brazil is keeping the Australian-style barbecue ...
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Madison Heights man sues Olive Garden for allegedly serving him severed rat foot in soup
freep.com/story/news/local/michigan/macomb/2023/08/29/warren-olive-garden-rat-foot/70702454007/
Madison Heights man sues Olive Garden for allegedly serving him severed ...
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‘We are so sad’: Kansas City restaurant closing after nearly a decade in business
kansascity.com/news/business/openings-closings/article278609949.html
‘We are so sad’: Kansas City restaurant closing after nearly a decade in ...
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Best of Orange County 2023: Best steakhouse: Here are this year's winners in Best of Orange County voting.
ocregister.com/2023/09/21/best-of-orange-county-2023-best-steakhouse/
Best of Orange County 2023: Best steakhouse
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Activist investor Starboard Value takes a stake in Bloomin’ Brands. Starboard, which is no stranger to the restaurant industry ... Show more

ow.ly/4Bc1104RRJN
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Darden Restaurants finishes $715 million Ruth’s Chris deal: The Orlando-based owner of Olive Garden has finished its $715 million deal to buy Winter Park-based ...
orlandosentinel.com/2023/06/14/darden-restaurants-finishes-715-million-ruths-chris-deal/
Darden Restaurants finishes $715 million Ruth’s Chris deal
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Darden CEO: No ‘material changes’ in consumer check trends. Olive Garden and LongHorn Steakhouse set sales records the week of Mother’s Day ... Show more

ow.ly/lHak104Lspr
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US Diners Trim Booze Spending After 2022 ‘Euphoria,’ Darden Says: Darden Restaurants Inc. said diners are watching how much they spend on alcohol ...
bloomberg.com/news/articles/2023-06-22/us-diners-trim-booze-spending-after-2022-euphoria-darden-says
US Diners Trim Booze Spending After 2022 ‘Euphoria,’ Darden Says
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5 takeaways from Darden’s Q4 earnings call. Darden touted the benefits of scale and hinted at more M&A activity to come. ow.ly/gcuV104LzLJ
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Darden’s fine-dining business weakens, but overall sales grow: Darden Restaurants' fine dining same-restaurant sales fell in the quarter ending May 28 ...
orlandosentinel.com/2023/06/22/dardens-fine-dining-business-weakens-but-overall-sales-grow/
Darden’s fine-dining business weakens, but overall sales grow
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Olive Garden server builds loyalty: ‘If Chris is not here, I don’t come in’: At a time when staffing restaurants has been a struggle, Christopher Johnson's ...
orlandosentinel.com/2023/05/22/olive-garden-server-builds-loyalty-if-chris-is-not-here-i-dont-come-in
Olive Garden server builds loyalty: ‘If Chris is not here ...
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Ruth’s Chris deal could bring Darden expansion to Asia: Orlando-based Darden Restaurants buying Ruth's Hospitality Group could open the door for other ...
orlandosentinel.com/2023/05/04/ruths-chris-deal-could-bring-darden-expansion-to-asia
Ruth’s Chris deal could bring Darden expansion to Asia
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Darden Ruth’s Chris deal to expand fine-dining footprint: CEO Rick Cardenas says first acquisition in 6 years — since Cheddar’s in 2017 — meets company’s ...
nrn.com/casual-dining/darden-ruth-s-chris-deal-expand-fine-dining-footprint
Darden Ruth’s Chris deal to expand fine-dining footprint
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‘I decorate a room like I’m about to shoot it – if it doesn’t work for the camera, it doesn’t work for the eye’
independent.ie/life/travel/ireland/i-decorate-a-room-like-im-about-to-shoot-it-if-it-doesnt-work-for-the-camera-it-doesnt-work-for-the-eye-42431524.html
‘I decorate a room like I’m about to shoot it – if it ...
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Olive Garden Never Ending Pasta Bowl isn't worth it: While the Never Ending Pasta Bowl sounds like a good deal, its new high price makes it nearly impossible to ...
businessinsider.com/olive-garden-never-ending-pasta-bowl-isnt-worth-it-2022-10
Olive Garden Never Ending Pasta Bowl isn't worth it
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Trending this week: Traffic continues to flow into Texas Roadhouse restaurants: Traffic continues to flow into Texas Roadhouse restaurants
nrn.com/news/trending-week-traffic-continues-flow-texas-roadhouse-restaurants
Trending this week: Traffic continues to flow into Texas Roadhouse ...
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Darden buys Ruth's Chris Steak House for about $715 million: The company has 154 locations worldwide, including four in Michigan.
detroitnews.com/story/business/2023/05/03/darden-buys-ruths-chris-steak-house-for-about-715-million/70179014007/
Darden buys Ruth's Chris Steak House for about $715 million