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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsSad news for DUers, Olive Garden is in Trouble.
"Sour Olive"Motley Fool, January 3.
The company dished out a 6.1% increase in second-quarter sales, to $1.83 billion. This included comparable sales growth of 1.8% companywide. Darden served up an unpalatable 28% decline in earnings, mainly due to flagging performance at Olive Garden. ...
Sour olive - For the past year, Darden Restaurants has gone through tumultuous times with Olive Garden. The chain has been witness to falling sales and traffic coupled with promotional failures and heightened competition. The chain's problems include being part of an already overcrowded casual-dining market, coupled with pricing pressures at a time when food prices are going sky high. ...
The chief executive was candid enough to remark that the company was not taking bold enough steps to enhance Olive Garden's popularity. However, he claimed that January would see a change in its promotional approach along with a new menu http://www.fool.com/investing/general/2012/01/03/dardens-olive-garden-needs-some-spicing-up.aspx
Who could have guessed?
izquierdista
(11,689 posts)11 Bravo
(23,926 posts)NRaleighLiberal
(60,014 posts)JustAnotherGen
(31,818 posts)But my fiance is 'off the plane' from Southern Italy. I can't fathom their existence at all. . . I mean - you aren't (according to the Calabrese) supposed to put cheese with fish (shrimp alfredo) so that in and of itself is a tragedy. *tee hee*
Ichingcarpenter
(36,988 posts)its that simple and then sales will pick up.
Cleita
(75,480 posts)to eat out anymore. Also many of them have lost their jobs and can't find new ones. Trust me the 1% aren't dining out at Olive Garden. So much for the job creators. There isn't enough of them to help out the economy even if they ate at those types of restaurants.
wandy
(3,539 posts)The Genealogist
(4,723 posts)There are probably other factors too, like poor management, menu, etc. But many people can't afford Olive Garden anymore, and no doubt many who can are too wary of their jobs to spend lots of money on ho-hum, overpriced Italianish food.
FSogol
(45,481 posts)alcibiades_mystery
(36,437 posts)Just sayin'...
Auggie
(31,167 posts)Red Lobster
Olive Garden
LongHorn Steakhouse
The Capital Grille
Bahama Breeze
Seasons 52
http://www.darden.com/restaurants/
My experience with most chains is the food is pretty disappointing -- much prefer local, family-owned and operated fare.
Support your local diner.
NRaleighLiberal
(60,014 posts)just one visit to Bahama Breeze (got a good review in the paper upon opening)....but....bleech! The rest - nada
closeupready
(29,503 posts)frequently to cut corners on food quality and ingredients, i.e., people who know as little about cooking as some random person picked out of a hat are advising restaurant chains to use yellow onions instead of leeks, because leeks are more expensive, as an example. Or 'you don't need a sous chef, just have the busboy do it'.
KansDem
(28,498 posts)...usually wearing corporate polo.
Appleby's
Dos Hombres
Carlos O'Kelly's
Outback
Hoolihan's
Salty Iguana
etc.
Last week my wife and I tried a new restaurant in the shopping center near where we live. It used to be an Appleby's but went out of business after which it became a Mexican restaurant. When that went out, it became another restaurant and lounge with an innocuous name.
Well, the prices seemed about right (we don't eat out very often) and the food was delicious. But what struck me as a little odd was a gentleman in a suit who was serving the diners. I thought, "Whats this all about?"
I asked one of the servers and she said, "Oh, that's the owner."
I thought, "Man! A restaurant where the owner in on the premises? Nice personal touch!" I remember such restaurants when I was growing up and went out to dinner with my parents--owners were on the premises and interacting with the customers to see that everything was all right.
And this guy even came up to our table and introduced himself. He then asked if everything was all right. I think I'll go back to this place again!
(I hope he's presence that evening wasn't a one time event. The restaurant had just opened so I'm wondering if he'll be around when it gets established)
Auggie
(31,167 posts)most were in Louisiana but were supervised from an office park in Dublin, California.
He made a ton of money cutting corners wherever he could.
wandy
(3,539 posts)You can allways find some local places with better food and compairable prices. Fond memories of the Billy Goat in Chagio.
mainer
(12,022 posts)when I'm out of town, don't know local restaurants, and hungry for a steak, either will do.
HopeHoops
(47,675 posts)tularetom
(23,664 posts)Sure it's crappy food, but it really isn't any worse than other sort of entry level mid price chain restaurants like Applebee's, Marie Callender, or Red Lobster. It may even be superior to Denny's and IHOP.
I haven't been to OG for years, but with restaurants as with anything else, you get what you pay for.
Broderick
(4,578 posts)I stopped going.
Erose999
(5,624 posts)never the fact that they serve frozen shit trucked in from the other side of the country... and overcharge for it.
I've heard that their whole program of "training in Italy" is little more than sending them to Italy to watch some videos and work in a test kitchen for a day or two.
Demonaut
(8,914 posts)bagged salad smells and tastes funny
Aleric
(290 posts)Every time I want to go to one, they are packed to rafters. How can they be losing money?
Warren Stupidity
(48,181 posts)Raven
(13,890 posts)Can we take up a collection for her?
Texasgal
(17,045 posts)we're doomed!
Whatever will we talk about? DAMN.
RZM
(8,556 posts)I remember noticing that it was in bad shape. The food wasn't good, it was empty, and kind of dirty.