Overview
Darden Restaurants, Inc. is an American multi-brand restaurant operator headquartered in Orlando, Florida. As of May 2023, the firm owns three fine dining restaurant chains: Ruth’s Chris Steak House, Eddie V's and The Capital Grille; and six casual dining restaurant chains: Olive Garden Italian Restaurant, LongHorn Steakhouse, Bahama Breeze, Seasons 52, Yard House and Cheddar's Scratch Kitchen. Until July 28, 2014, Darden also owned Red Lobster. Darden has more than 1,800 restaurant locations and more than 175,000 employees, making it the world's largest full-service restaurant company.
History
William (Bill) Darden opened his first restaurant, The Green Frog, in Waycross, Georgia, in 1938 at age 19. He later founded the Red Lobster Inns of America and opened the first Red Lobster restaurant in Lakeland, Florida, in 1968. Red Lobster, which grew quickly, formed the basis of the organization that later became known as Darden Restaurants.
Darden chose Lakeland because he wished to see how a seafood restaurant would fare in a non-coastal region. The initial Red Lobster franchise was applauded by diners and critics alike. The restaurant became successful and by 1970 had expanded to three locations in the state with two more under construction. While the locations were profitable, the company lacked the resources to expand further. As such, Darden sold the company to food giant General Mills that year. After an extended illness, Darden died on March 29, 1994, at the age of 75.
General Mills ownership
General Mills, a company that makes breakfast cereals, upgraded the chain to a more casual dining/family fare-oriented format, opened a new company headquarters in Orlando, and retained Darden as company manager. In 1975, when Darden was promoted to Vice President of General Mills, Joseph (Joe) R. Lee, the company's first restaurant manager, was promoted as President of Red Lobster. Under General Mills's ownership, Red Lobster expanded into a chain of almost 400 locations by 1985. The company underwent several restructurings and transformed itself from an inexpensive fast-food seller into a chain of casual dining seafood restaurants by 1988.
From Wikipedia (CC BY-SA 4.0).