Highlights
Red Lobster is the nation's largest full-service seafood restaurant chain and is owned and operated by Orlando-based Darden Restaurants. Bill Darden, who opened the first Red Lobster in Lakeland, Fla, founded the chain in 1968. After becoming part of General Mills in 1970, Red Lobster was expanded throughout the Southeast and eventually nationwide. Its locations became popular in land-locked states in the 1970s and 1980s when lobster tails and calamari were not commonly found on local menus. Darden introduced a new restaurant prototype in 2007 that featured a more refined, contemporary look. It also launched an ad campaign that dropped its longtime signature tagline "For the seafood lover in...
Red Lobster is the nation's largest full-service seafood restaurant chain and is owned and operated by Orlando-based Darden Restaurants. Bill Darden, who opened the first Red Lobster in Lakeland, Fla, founded the chain in 1968. After becoming part of General Mills in 1970, Red Lobster was expanded throughout the Southeast and eventually nationwide. Its locations became popular in land-locked states in the 1970s and 1980s when lobster tails and calamari were not commonly found on local menus. Darden introduced a new restaurant prototype in 2007 that featured a more refined, contemporary look. It also launched an ad campaign that dropped its longtime signature tagline "For the seafood lover in you" and replaced it with "Come see what's fresh today." For fiscal year 2007, the chain, which had 680 locations, recorded sales of $2.6 billion, or an average of $3.8 million per restaurant.
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Chain restaurants don't meet U.S. nutrition guidelines, study says
Plenty of restaurants have been advertising their efforts to offer healthful choices, and it’s possible to eat carefully just about anywhere. But researchers say nearly all the entrees they reviewed at 245 U.S. chains fail to meet federal...
Tags: Science and Technology, Food and Drug Administration, Lifestyle and Leisure, Restaurant and Catering Industry, Foods and Beverages
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Favorite millennial restaurants: In-N-Out, Chick-fil-A
Millennials, the 19- to 34-year-olds who eat out more than any other generation, are considered by restaurant owners to be the new golden geese. But luring them in is a tricky affair. They're not just looking for tasty treats at a good value. What they...
Tags: Marketing, Media Industry, Restaurants, Restaurant and Catering Industry, Lifestyle and Leisure
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Wendy's dethrones Burger King but Five Guys grows fastest
The restaurant industry’s royal line of succession has shifted, with Wendy’s usurping Burger King as the second-largest sales-getter behind McDonald’s.
In its annual ranking of U.S. restaurants, research group Technomic Inc. placed...Tags: McDonald's, Foods and Beverages, Chipotle Mexican Grill, Kentucky Fried Chicken, Companies and Corporations
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Olive Garden comeback: Darden Restaurants' 3rd-quarter profit up
Maybe it's Marilyn Hagerty working her magic: Olive Garden is reversing out of a long slump with more visitors and better sales. A few weeks after the elderly North Dakota reviewer’s piece on a new Olive Garden restaurant in Grand Forks went...
Tags: LongHorn Steakhouse, Clarence Otis, Restaurant and Catering Industry, Olive Garden, Darden Concepts, Inc.
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Marilyn Hagerty's Olive Garden review now something else entirely
Marilyn Hagerty’s review of the Olive Garden in Grand Forks, N.D., is hardly about the restaurant’s “warm and comforting” chicken Alfredo or the “attractive” bar area -- it’s the purest gauge of all that is...Tags: Anthony Bourdain, Federal Reserve, Social Media, Media Industry, Ben Bernanke
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McDonald's can keep selling Happy Meals with toys in California
McDonald’s Corp. can keep selling Happy Meals with toys to California children after a San Francisco judge threw out a proposed class-action lawsuit seeking to ban the practice in the state. The Center for Science in the Public Interest said it...
Tags: McDonald's, Health, Consumers, Laws, Olive Garden
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Olive Garden parent Darden's earnings slip 28%
Money & Companylow sales at Olive Garden push Darden's earnings down 28%... -
Speak premieres 'Leisure Life' as part of Hannukah song giveaway
Pop & HissSince "Christmas Rappin," rap has had more than its fair share of Christmas songs; the seasonal trend may have reached its apex of absurdity with Jim Jones' "Ballin' on Xmas." For obvious reasons, the canon of rap Hannukah songs is...... -
Ralphs says it will close stores if workers go on strike. Albertsons may follow. [Updated]
Money & CompanyThe labor fight between union officials and grocery employers spilled outside of the negotiation room Friday as Ralphs announced that the company would “initially” close all 250 of its Southern California stores if workers go on strike. How... -
Cheesecake Factory, Texas Roadhouse ranked as top casual-dining choices
Money & CompanyPoll also favors Olive Garden, P.F. Chang's... -
Chevys, El Torito owner files for bankruptcy
Money & CompanyRM Restaurant Holding Corp., owner of Chevys and El Torito chains, files for bankruptcy... -
Pepsi NEXT, a mid-calorie soda, to debut in spring
Money & CompanyPepsiCo to launch low-sugar Pepsi NEXT soda next year....
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Dec 16, 2011
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