Darden Restaurants

Why Olive Garden, Longhorn Steakhouse refuse to deliver

Olive Garden restaurant

While the majority of restaurants have turned to delivery options to boost profits, there are still a few holdouts.

Darden (NYSE: DRI), the parent company of banners like Olive Garden and Longhorn Steakhouse, is one of them. The full-service restaurant magnate this week told investors on its first-quarter 2023 earnings call that its decision to not offer delivery has shielded it from a negative impact on margins.

“With margins being basically the same for us on off-premise versus on-premise,...

https://www.freightwaves.com/news/why-olive-garden-longhorn-steakhouse-refuse-to-deliver

Love’s joins companies incentivizing workers to get COVID vaccine

Editor’s Note: Updates 5th paragraph with Pilot Company statement

The Love’s Family of Companies is paying a $75 bonus to its 28,000 employees to get the COVID vaccine. The truck stop operators joins businesses offering paid time off to allow workers in close contact with customers to get inoculated.

Oklahoma City-based Love’s operates more than 500 truck stops and travel plazas in 41 states. They are deemed essential businesses during the coronavirus pandemic because they serve truck drivers...

https://www.freightwaves.com/news/loves-joins-companies-incentivizing-workers-to-get-covid-vaccine

Cold storage acquisition saves 850 jobs; Lineage Logistics acquires Maines

Temperature-controlled logistics providerLineage Logistics announced that it has acquired “substantially all of the operating assets” of food service distributor Maines Paper and Food Service.

Lineage’s acquisition of Maines’ last-mile distribution assets broadens its supply chain network in the quick serve restaurant (QSR) and casual dining markets. These warehouse and transportation assets primarily support brands like Burger King (Restaurant Brands International NYSE: QSR), Tim Hortons and...

https://www.freightwaves.com/news/cold-storage-acquisition-saves-jobs-lineage-logistics-acquires-maines