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Stock impact report

Once-popular restaurant to close all remaining locations next week [Yahoo! Finance]

Darden Restaurants, Inc. (DRI) 
Last darden restaurants, inc. earnings: 3/19 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
company would be closing all Bahama Breeze restaurants within the next few months. The last day ever for Frozen Bahamaritas and Jerk Chicken Pasta has finally come. On Sunday, April 5, any remaining Bahama Breeze restaurants that are still operating will close. The company previously revealed it made the decision after completing a strategic review of the brand, which has struggled to compete with sister restaurants such as Olive Garden and LongHorn Steakhouse. The closure follows a years-long evaluation of the brand's performance amid shifting dining habits and increased competition. Darden plans to convert 14 existing Bahama Breeze locations into other restaurant concepts within its portfolio. As of February, Bahama Breeze still had locations open in Florida, Pennsylvania, Delaware, Georgia, Michigan, New Jersey, North Carolina, Virginia, and Washington. It's unclear if any of those have since closed or if all will be closing on April 5. Bahama Breeze, which opened its fir Show less Read more
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