Eddie Bauer’s outwear is meant for active enthusiasts to pursue the great, open outdoors. But the company’s future growth may rest on the shoulders of urban dwellers. 598 more words
Tags » Golden Gate Capital
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
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
Darden Restaurants will be selling Red Lobster to a private-equity firm for $2.1 billion, according to an announcement the company made on Friday.
As parent company to the Red Lobster restaurant chain, it was after years of sagging sales that led them to this decision. 384 more words