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Olive Garden said it will continue to raise prices to offset a drop in sales last quarter. The restaurant chain that serves Italian dishes has joined a growing group with declining sales.
Full-service chains like Red Lobster, TGI Fridays and others are having a hard time
TGI Fridays isn't alone either — other restaurant chains that have recently filed for bankruptcy include Red Lobster, Ruby Tuesday's, and Sbarro. Though many are hoping for a rebound with ...
Kevin O’Leary, star of ABC's ‘Shark Tank,' outlined the challenges impacting the restaurant sector in a Daily Mail report issued this week.O'Leary attributes the increasing trend of closures ...
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“The U.S. restaurant industry finds itself on the menu,” he wrote in a column for the Daily Mail. Don't miss Beating the market is no myth: These expert stock-pickers' recent success could ...
Same-store sales at the Olive Garden chain rose 2% after three consecutive quarters of decline. In the year-ago quarter, sales grew 4.1%. LongHorn Steakhouse's same-store sales rose 7.5%, compared ...
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