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On May 12, 2014, Darden announced that as part of the spinoff of Red Lobster, it was converting the co-located Red Lobster and Olive Garden locations into standalone Olive Garden locations. [27] On May 16, 2014, Darden announced that it would be selling the Red Lobster seafood restaurant chain to Golden Gate Capital for US$2.1 billion. [28]
Red Lobster Hospitality, LLC is an American casual dining restaurant chain headquartered in Orlando, Florida.The company has operations across most of the United States (including Puerto Rico and Guam) and Canada, as well as in China, Ecuador, Japan, Malaysia, Mexico, Philippines, Turkey and the United Arab Emirates; as of June 23, 2020, the company had 719 locations worldwide.
It was founded as a single Orlando restaurant in 1968 by Bill Darden, then acquired by General Mills, which then spun off Red Lobster along with its Olive Garden chain as Darden Restaurants ...
Besides Olive Garden, Darden owns Red Lobster, LongHorn Steakhouse, The Capital Grille, Bahama Breeze, Seasons 52, Eddie V's, and Yard House. ... Pepsi's new flavor is finally coming to stores ...
Founded by Bill Darden, Red Lobster was racially integrated when it opened in 1968 in Lakeland, Florida. Hiring and serving Black people was not a revolutionary step by Darden, and he certainly ...
Red Lobster may serve 395 million Cheddar Bay Biscuits each year, but apparently that hasn't been enough for Darden Restaurants to deem it worthy to stay under the parent company's official umbrella.
In August 1999, Darden Restaurants, Inc. opened the first Smokey Bones restaurant in Orlando, Florida, at the site previously occupied by Red Lobster and close to Darden's headquarters. [5] [6] By June 2001, Darden had opened 8 additional Smokey Bones BBQ Sports Bar restaurants in Florida, the Midwest and Northeast. [7]
In 2014, Darden sold off Red Lobster to Golden Gate Capital, a private equity firm, for $2.1 billion. Since 2020, seafood distributor Thai Union Group, based in Thailand, has been the largest Red ...
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