Yesterday, Darden also released disappointing second quarter results.
However, Darden instead decided to take less drastic measures.
University of Virginia Darden School of Business Official Site.
General Mills Restaurants Bloomin' Brands Darden Hard Rock Café Disney.
Bowing to investor pressure, Darden Restaurants announced yesterday that it plans to shed Red Lobster.
Darden currently owns and operates 2,174 restaurants,
including 705 Red Lobsters, 834 Olive Gardens and 445 LongHorn Steakhouses.
The split has been in the works for some time, as Darden has been under pressure from investors to improve performance.
Darden's MBA for Executives students receive the same degree as
the Full-Time MBA students receive: an MBA from the University of Virginia.
With the Darden EMBA, you will find there are significantly
fewer trips away from home and office than you might expect- on average once a month.
Darden additionally reported plans to reduce unit growth,
forgo acquisitions, increase cost saving efforts and refine compensation and incentive programs in attempts to enhance shareholder value.
Darden's top-ranked faculty-
consistently recognized among the best by The Princeton Review and Financial Times- is deeply committed to the professional and personal development of students and executives.