Daily Archive: July 1, 2011
Orlando, Florida-based Darden Restaurants today reported sales of $7.5 billion for its fiscal year ended May 31st, up 5.4% over the previous year. Darden is the world’s largest restaurant company, with brands Red Lobster (698 units), Olive Garden (754), LongHorn Steakhouse (354), The Capital Grille (44), Bahama Breeze (26), Seasons 52 (18) and Synergy (1).
Darden’s Specialty Restaurant Group comprises three of those brands: The Capital Grille, Seasons 52 and Bahama Breeze. Average sales per unit for The Capital Grille were $6.5 million in fiscal 2011, while same-unit sales increased by 6.2%. At Seasons 52, sales per unit were $6.3 million, and same-unit sales increased 4.4%. Bahama Breeze, meanwhile, had sales per unit reach $5.5 million and same-unit sales increase by 2.4%. Shanken News Daily interviewed George Miliotes, master sommelier and director of beverage and hospitality for Darden’s Specialty Restaurant Group, to get his views on today’s business. Continue reading →Posted in News on July 1, 2011
Moët Hennessy USA has signed a pact with Southern Wine & Spirits making Southern its distribution partner in all 18 control states, just two weeks after Diageo North America reached a similar agreement with Southern. Continue reading →Posted in News on July 1, 2011
•Fast food chain Sonic is set to introduce beer and wine to two of its South Florida locations. Continue reading →Posted in News on July 1, 2011