Development deal in Middle East sets stage for more int'l expansion, analysts say
Darden Restaurants Inc. said Tuesday it signed an area-development agreement with one of the Middle East’s largest restaurant franchising companies, marking a major step abroad for the casual-dining giant and its first into a region that has proven ripe for U.S. brands. Orlando, Fla.-based Darden has tapped Americana Group of Kuwait to develop and operate the Red Lobster, Olive Garden and LongHorn Steakhouse brands. The agreement calls for Americana to develop at least 60 restaurants ...
It’s free but we need to know a little about you to continually improve our content.
Why Register?
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 the NRN Digital and Print access package, for only a small additional amount, you can get NRN All Access, which includes premium reports such as the annual NRN Top 200 data. Either way, we ask that you register now. We promise it will only take a few minutes!