Olive Garden owner Darden has seen a drop in lower-income diners patronizing its restaurants. The company, which also owns Longhorn Steakhouse, on Thursday (March 21) reported earnings that showed...
As restaurants look to drive traffic amid menu price inflation, more than 1 in 4 consumers are not making restaurant purchases at all, PYMNTS Intelligence...
Darden Restaurants, the parent company of popular dining chains including Olive Garden, The Capital Grille and LongHorn Steakhouse, has adopted a strategic shift in its...
As consumers struggle with ongoing budgetary pressures, many are reining in their alcohol spending at nice restaurants by sticking to more budget-friendly brands, Darden Restaurants...
As consumers manage their food spending amid budgetary pressures, those with cash to burn are happy to splurge on table-service dining, while those without a...
As consumers continue to feel the impacts of years of economic challenges, those who are struggling the most continue to spend indulgently on restaurant dining....
As consumers seek out discounts to help ease their anxieties about restaurant price inflation, Darden Restaurants is sticking with less discount-focused marketing efforts. On a call with...
Darden Restaurants is seeing consumers continue to dine out despite cost pressures. The firm, parent company of casual dining chains Olive Garden and LongHorn Steakhouse...
Call it a tale of two business models — of ways of grappling with food inflation and grappling with the challenges of protecting margins. Call...