Darden announces sale of Red Lobster

chris-muller-e1320781448723-150x150Orlando Sentinel
Christopher Muller, School of Hospitality Administration

Darden Restaurants’ $2.1 billion sale of Red Lobster, its oldest brand, may free the company of a financial burden and allow it to focus on rebuilding its other restaurant chains, such as Olive Garden…

Expert quote:

“Somewhere a forecast has to have been made at Darden that relying on fish as a long-term sustainable resource is a risk too large to take.”

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