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.
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