Cheddar's Scratch Kitchen

Financing

Cheddar's Scratch Kitchen is finally hitting its stride

Six years after it was acquired by Darden, the 179-unit chain is living up to its billing as a growth brand.

Financing

Olive Garden’s parent is in the market for another brand

Darden Restaurants signaled its interest in adding a 10th concept. It most recently acquired Cheddar’s Scratch Kitchen in 2017.

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

Darden Restaurants, the segment's biggest player, doesn’t have the answer, but CEO Gene Lee admits his first assessment was off-target.

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

The three dozen chains participating in the ICR Conference provided plenty of aha moments. Here’s a sampling of the surprising tidbits that were aired.

The casual steak chain outperformed all of its sister operations, largely because of how it handled personnel, its parent company said. Olive Garden's comps rose 1.5%.

After data revealed an unexpected marketing issue for the chain, management pulled back on advertising and started working on an adjusted plan.

The Darden Restaurants holding is still a no-go on small-order delivery, but its catering program is moving within reach of couples.

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