Darden Restaurants casting off Red Lobster
date:Dec 20, 2013
sts. Were excited about the plan weve chosen because it enables us to continue to benefit from the complementary strengths of our brands.

The announcement comes at a time of increasing sales volatility for the casual-dining segment. Darden has implemented other recent changes that have included reducing workforce, slashing operating costs and overhauling its Olive Garden brand to restore sales momentum for the Italian restaurant chain. Darden also this year tested an express-lunch model in some
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