Darden Restaurants Inc., (DRI), the parent company of Olive Garden, is witnessing the trend firsthand, and to combat the slowdown, it has struck a deal with Uber to launch a new delivery service.
Olive Garden said Thursday it’s teaming up with Uber to offer delivery for the first time. Darden Restaurants, which owns Olive Garden, LongHorn Steakhouse and other chains, said Olive Garden ...
Uber’s stock price jumped nearly 3% in late morning trading. Both Uber and Darden eased slightly from their initial spikes. Uber closed the day up 2.4% to $75.28, and Darden was up 8.2% to $172. ...
Olive Garden won’t be listed on the broader Uber Eats platform. If the initial pilot is successful, the delivery option will expand nationwide by May 2025, Darden said. Darden shares jumped 7% ...
Once a holdout on using third-party services, Olive Garden is reversing course and will use Uber to deliver breadsticks and pasta. Darden Restaurants, the chain’s parent company, announced Thursday an ...