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Red Lobster Moving To Downtown Orlando

ORLANDO (CBSMiami/AP) — The popular restaurant chain Red Lobster is going to be moving its corporate headquarters to downtown Orlando.

It had recently been sold off from its former parent company, Darden Restaurants Inc. 179 more words

News

Darden Restaurants CEO Otis to step down

Darden Restaurants, which owns Olive Garden and Longhorn Steakhouse, announced on Monday that CEO Clarence Otis is stepping down following a major restructuring of the company that included the $2.1 billion sale of the Red Lobster seafood chain. 142 more words

Retail

Why private equity investors can't save Red Lobster

Recently, the private equity industry’s lobbying arm, the Private Equity Growth Capital Council, released a report that ranks the top 20 states and congressional districts by the value and number of private equity investments they have. 798 more words

Finance