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Stock impact report

Once popular restaurant chain to begin closing its final locations in a month [Yahoo! Finance]

Darden Restaurants, Inc. (DRI) 
Last darden restaurants, inc. earnings: 3/19 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Just not enough fans, apparently, because its owner, Darden Restaurants, announced that it is closing the final 28 Bahama Breeze locations in the coming months. According to CNN, Darden also owns Olive Garden and LongHorn Steakhouse, and half of the closing Breeze locations will be converted into other restaurants in the chain. CNN noted that the sad announcement for fans of the restaurant comes a year after Darden first shut down a third of its locations. The outlet reported that the final day of operation for 14 Bahama Breeze locations will be April 5. The other 14 locations will be converted into other restaurants across the next 12-18 months, according to Darden. “The company believes the conversion locations are great sites that will benefit several of the brands in its portfolio,” Darden said. “Going forward, the primary focus will continue to be on supporting team members, including placing as many as possible in roles within the Darden portfolio.” Darden said it is no Show less Read more
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