ORLANDO Fla. Darden Restaurants Inc. on Saturday said it was shutting down its struggling Smokey Bones restaurant division by closing 54 units and selling the remaining 73. Darden, which also operates the Red Lobster, Olive Garden, Bahama Breeze and Seasons 52 casual-dining concepts, will take a fourth-quarter pre-tax charge of about $260 million for the closures and sale. The company is also selling its two Rocky River Grillhouse restaurants, which were seen as a possible replacement ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!
Questions about your account or how to access content?
Contact: Desiree Torres Desiree.Torres@penton.com