Olive Garden Parent Darden Restaurants Faces Shareholder Showdown
The battle with activist investor Starboard Value LC will come to a boil at the company's annual meeting on Friday, where Darden is expected to at minimum lose control of its board.
Activist Investor Tells Olive Garden to Google 'How to Cook Pasta'
Starboard Value published a snarky, almost 300-page presentation telling Darden Restaurants how to mend the struggling Olive Garden brand.
Olive Garden to Unveil a Really Crazy 'Never-Ending' Deal
Looking to capitalize on America's appetite for all things 'endless,' the casual dining chain is selling $100 gift cards for seven weeks' worth of unlimited pasta, salad, bread and soda.
Red Lobster Completes Sale, Revamps Food Presentation
Now that Golden Gate Capital has acquired Red Lobster from Darden Restaurants, the seafood chain is trying to emphasize its quality.
Done Deal: Red Lobster Restaurant Chain Sold for $2.1 Billion
Golden Gate Capital, a private equity firm with experience in the restaurant industry, picks up the casual dining seafood chain from Darden Restaurants, Inc.
McDonald's 'Sustainable Beef' Finally Has a Definition... Sort Of.
What does 'sustainable beef' actually mean? Here's what we know so far.
Olive Garden Undergoes 'Brand Renaissance' as Investors' Criticism Intensifies
Yesterday, Olive Garden revealed a new logo and revamped restaurants. However, investors still want the chain to be cut off.
Desperate Measures: Olive Garden Revamps Menu as Investors Get Pushy
Olive Garden added 20 new items to its menu, as investors call for its parent company to shed the struggling chain.
Everything Seems to Be Getting Worse for Company Behind Red Lobster, Olive Garden
Darden Restaurants continues to struggle, cutting employees and dealing with investors who are challenging the company's decisions.
Struggling Red Lobster to Split From Parent Company
As Red Lobster struggles, Darden is looking to sell or spin off the seafood restaurant to focus on more profitable up-and-coming chains.
10 Chains Scaring Up Business With Free Food & Other Halloween Deals
For these businesses, Halloween is about more than trick or treating, with deals designed to pull costumed customers into restaurants.