Hot!Red Lobster Floundering? Olive Garden Squeezed??

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2014/03/04 17:01:55 (permalink)

Red Lobster Floundering? Olive Garden Squeezed??

Stockholders of Darden, the parent of Olive Garden & Red Lobster are putting pressure on the company to unload them.
I don't get it.
Every Olive Garden & Red Lobster in the PHX area that I've seen has been busy with people waiting outside every night.
They are advertising both chains on TV Very heavily.
I guess it has to do with their Real Estate and other financials
Olive Garden is going thru a major revamp from the floor up.
Go figure!   

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