Capital Grille

Financing

Darden's Q4 margins outstrip pre-COVID levels despite below-inflation pricing

The parent of Olive Garden and LongHorn Steakhouse said its ongoing effort to simplify operations lowered labor costs.

Consumer Trends

Casual dining's traffic is nearly back to pre-pandemic levels, study finds

The sector's customer counts should top 2019 levels by the end of summer, according to the report.

Darden Restaurants says it will reward hourly employees with $17 million in bonuses while raising its pay scale to $12 an hour.

Darden Restaurants will provide four hours of paid time for getting the anti-COVID shots, but will not require the inoculations

Operators are counting on holiday gift cards to boost revenue but sales are down.

The emotional connection and controls on execution just aren’t there, according to its CEO.

Included were 225 Darden employees who opted for early retirement and former COO Dave George, whose departure was described as an “involuntary separation.”

Restaurants that kept dining rooms open in June saw year-over-year improvement.

The former chief of Olive Garden, LongHorn and Capital Grille has been instrumental in the casual-dining giant's success.

The Darden Restaurants chain is now generating takeout and delivery sales at an annualized rate of $2.8 million per store.

  • Page 1