Red Lobster

Darden shareholder sues board, citing CNBC.com report

An institutional investor that had been on the sidelines in the struggle between Darden and Starboard Value says in a newly filed lawsuit that Red Lobster was dumped at a fire-sale price. The assertion could help Starboard seize control of Darden.

Darden loses control

Starboard Value succeeded in sweeping out the Olive Garden parent’s whole board, signaling dramatic strategic redirections for one of casual dining’s biggest players.

The recession nearly led to the category's demise, but concepts that evolved survived—and even thrived.

The emphasis is on seafood, and lobster in particular.

Wollensky’s Grill is a relaxed gastropub-style spot occupying what was formerly Smith & Wollensky's lower-level, formal-dining and private rooms.

With frigid temperatures, restaurants in New England are wondering how much of a business boon a rare Saturday Valentine’s Day will prove to be.

Michael C. Gibbons took the top honor among independent-restaurant operators.

January and February may have been the winter of restaurant’s discontent, but the challenge of luring customers fostered some traffic-building ideas that could boost business at any time of year.

When it comes to wine lists, bigger is not always better.

Attendees learned how technology is changing the restaurant business in ways both subtle and profound.

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