Olive Garden

Technology

Domino's caved to third-party delivery. Will other holdouts follow?

Tech Check: To quote former Darden Restaurants CEO Gene Lee: "No." Here's why.

Leadership

Someone forgot to tell Gene Lee this business is for losers

Reality Check: The retiring Darden Restaurants chairman blazed a career that should shush assertions the restaurant industry will take you nowhere.

Stagnant spending will keep a lid on growth at Darden Restaurants over the next 12 months, but it still expects to outpace the industry.

The former CEO of the owner of Olive Garden and LongHorn Steakhouse will step down after the company’s annual meeting, set for September.

The chain’s strategy to undershoot inflation is driving more guests to its restaurants, executives said. And it believes peak pricing is now in the rearview mirror.

Sales and traffic improved significantly at the chain as guests came back for the popular promotion.

After casting doubt on the future of the popular promotion, the chain is reviving it as sales and traffic slow.

Inflation is pinching people earning less than $50,000, but higher-income customers have held strong, executives said Thursday.

The parent of Olive Garden and LongHorn Steakhouse said its ongoing effort to simplify operations lowered labor costs.

Restaurant Rewind: Carl Icahn's battle with McDonald's brings to mind these all-time classic bouts between investors and restaurant companies.

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