US EditionHave We Seen the Last of Bahama Breeze? Here’s What We Know
FLORIDA, JUN 20 – Darden plans to sell or convert 28 remaining Bahama Breeze restaurants after closing 15 locations due to an 8% sales decline and lack of strategic priority, CEO said.
- Darden Restaurants closed 15 Bahama Breeze locations in May, reducing the chain to 28 restaurants and announced it is considering strategic alternatives for the brand.
- This decision came after Bahama Breeze experienced an almost 8% drop in sales last year and Darden determined that the brand and its remaining locations no longer align with their core strategic focus.
- CEO Ricardo Cardenas said the company made a difficult decision after further review and may sell Bahama Breeze or convert some restaurants into other Darden brands.
- Darden stated the closures were the 'right decision' to focus on higher-performing restaurants, and Cardenas noted the chain could benefit from a new owner.
- This decision aligns with Darden's focus on its core brands amid strong recent financial results as it plans to drive long-term growth and shareholder value.
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17 Articles
17 Articles
Have we seen the last of Bahama Breeze? Here’s what we know
After a number of Bahama Breeze restaurants closed in May, Darden Restaurants said recently that the brand is no longer a priority, and the company is considering selling the remaining locations, among other options.Darden Restaurants, which is based in Orlando, closed down 15 Bahama Breeze restaurants in mid-May, five of which were in Florida. This leaves 28 of the highest performing Bahama Breezes, according to an earning’s call on June 20 fro…
·Orlando, United States
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Total News Sources17
Leaning Left3Leaning Right1Center10Last UpdatedBias Distribution71% Center
Bias Distribution
- 71% of the sources are Center
71% Center
L 21%
C 71%
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