File:Olive Garden - 2023 - Quito Ecuador 2023 OTIS.jpg
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English: Olive Garden is an American casual dining restaurant chain specializing in Italian-American cuisine. It is a subsidiary of Darden Restaurants, Inc., which is headquartered in Orange County, Florida.[1] As of 2012,Template:Update after Olive Garden restaurants accounted for $3.8 billion of the $6.9 billion revenue of parent Darden.[2]   HistoryOlive Garden started as a unit of General Mills. The first Olive Garden was opened on December 13, 1982, in Orlando. By 1989, there were 145 Olive Garden restaurants, making it the fastest-growing units in the General Mills restaurant division. Olive Garden restaurants were uniformly popular, and the chain's per-store sales soon matched former sister company Red Lobster. The company eventually became the largest chain of Italian-themed full-service restaurants in the United States.[3] .jpg) General Mills spun off its restaurant holdings as Darden Restaurants (named for Red Lobster founder Bill Darden), a stand-alone company, in 1995. In 2009, Olive Garden was Darden's most inexpensive restaurant chain with an average check per person of $15.00 (USD) versus over $90 at its sibling Capital Grille.[4] Brad Blum, a former president of Olive Garden, said that sales in existing restaurants sharply decreased, with a 12% decline occurring at one point, even though the company was quickly establishing new restaurants.[5] Sandra Pedicini of the Orlando Sentinel said that "Darden reinvented the Olive Garden in the 1990s, from a floundering chain into an industry star."[5] As part of a February 2011, Darden analyst conference, the parent group announced it intended to add more than 200 Olive Garden locations in the following few years.[6] The announcement came after a previous announcement that the company would be expanding into potential new international markets for the chain, including the Middle East and Asia, due to the maturity of the North American market. The company also announced it would begin licensing franchising partnerships, a new direction for the chain and its parent which had traditionally relied on expansion via company-owned locations exclusively.[7]  |
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- ↑ Error: title= and url= must be specifiedDarden Restaurants (May 29, 2011). . U.S. Securities and Exchange Commission. Retrieved on April 12, 2012.
- ↑ Darden FY16 Second Quarter Investor Presentation. Darden Restaurants (11 January 2016). Retrieved on 17 March 2016.
- ↑ Olive Garden | Nation's Restaurant News.
- ↑ Wong, Elaine (6 October 2009). Why 'Deep Discounting' Is Not Always the Winning Recipe. Brandweek 1. Retrieved on 11 September 2014.
- ↑ a b Pedicini, Sandra. "Olive Garden tries to woo back customers after falling into a rut." McClatchy-Tribune Newspapers at Chicago Tribune. January 23, 2012. Retrieved on January 24, 2012. Archived January 25, 2012, at the Wayback Machine
- ↑ Jennings, Lisa (2 February 2011). "Analyst targets possible Darden acquisitions". Nation's Restaurant News.
- ↑ Ruggless, Ron (20 October 2010). "Darden aims for growth abroad". Nation's Restaurant News.
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| current | 19:20, 24 January 2023 | | 720 × 1,280 (170 KB) | 2210777dak (talk | contribs) | Uploaded own work with UploadWizard |
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