THE RESTAURANTS: Darden Restaurants Inc. said a key sales figure fell at its struggling Olive Garden and Red Lobster restaurants in its fiscal fourth quarter.
THE BACKGROUND: The Orlando, Fla.-based chain has been trying to rework the menu and prices at the restaurants at a time when consumers are more price-conscious and have so many more options. Executives blamed the softer sales on promotions that didn’t resonate with diners.
In-depth coverageas the midterms
take shape.
Follow the latest midterm news, analysis, and expert perspectives with unlimited access.
See Subscription Options
Already a member? Log in
Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.