According to the corporate website Darden gift cards may be redeemed at any Olive Garden , LongHorn Steakhouse, Bahama Breeze, Seasons 52, Yard House, Red Lobster or any other Darden restaurant in the U.S.
Olive Garden parent sells Red Lobster (AP) — Darden Restaurants said it will sell its Red Lobster chain to investment firm Golden Gate Capital for $2.1 billion. The company , which also owns Olive Garden , announced late last year that it planned to spin off or sell Red Lobster to improve its financial performance.
After tax and transaction costs, the Red Lobster sale will leave Darden with $1.6 billion. In March, Darden said Red Lobster’s fiscal third-quarter same-store sales declined 8.8% and visits plunged 11.9% compared with a year earlier.
Red Lobster Gift Cards are redeemable at all Red Lobster locations in the United States or when placing To Go and delivery orders at www. RedLobster .com. Once your gift card has been printed, it can be used at any participating Red Lobster .
Olive Garden gift cards can be redeemed at any Darden restaurant including LongHorn Steakhouse, Olive Garden , Bahama Breeze, The Capital Grille, Yard House, Eddie V’s or Seasons 52. Please note that lost or stolen gift cards will not be replaced.
The Seafood Fettucini is much better at Red Lobster than the Olive Garden . Id much rather go to Red Lobster , but the prices are about 20% higher than the Olive Garden .
Darden Restaurants 1995–2014 Golden Gate Capital 2014–
Outback Steakhouse parent Bloomin’ Brands Inc. Such pressures have hurt Olive Garden parent Darden Restaurants Inc., DRI 0.67% which also owns Red Lobster and Outback competitor LongHorn Steakhouse. Darden’s business has fluctuated over the past year as it deals with higher food costs and tougher competition.
No you can not use a Darren’s gift card at Red Lobster unless it has a Red Lobster logo on it. Darden gift cards may be redeemed at any Olive Garden, LongHorn Steakhouse, Cheddar’s Scratch Kitchen, Yard House, The Capital Grille, Seasons 52, Bahama Breeze, and Eddie V’s in the U.S.
The Darden family of restaurants features some of the most recognizable and successful brands in full-service dining: Olive Garden ®, LongHorn Steakhouse ®, Cheddar’s Scratch Kitchen ®, Yard House ®, The Capital Grille ®, Seasons 52 ®, Bahama Breeze ® and Eddie V’s ®.
July 28, 2014
Carrabba’s , owned by Bloomin’ Brands, and Olive Garden , owned by Darden Restaurants, seem in a race to reinvent themselves. (The restaurant group’s other brands include Longhorn Steakhouse and Bahama Breeze.)