Darden Announces Sale Of Red Lobster For $2.1B

NEW YORK (AP) — Darden Restaurants says it will sell its Red Lobster chain to investment firm Golden Gate Capital in a $2.1 billion cash deal.

The company, which also owns Olive Garden, had announced late last year that it planned to either spin off or sell Red Lobster to improve its financial performance.

Both Olive Garden and Red Lobster have been losing customers in recent years, and the company has tried various menu changes and differentmarketing campaigns in hopes of winning back business.

Read more: http://www.pottsmerc.com/general-news/20140516/darden-announces-sale-of-red-lobster-for-21b

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Automatic Tips May Be Off The Table

If you’ve dined out in a big group, chances are you had an automatic tip tacked on to your bill.

That practice might soon go away.

Orlando, Fla.-based Darden Restaurants may drop automatic gratuities for tables of eight or more at its chains including Olive Garden, Red Lobster and LongHorn Steakhouse.

Experts predict others will follow suit.  An Internal Revenue Service ruling will treat automatic gratuities as wages. That could lead to higher payroll taxes for restaurants and make record-keeping more complicated.

Read more at http://www.philly.com/philly/business/consumer_news/Automatic_tips_may_be_off_the_table.html#0ZM1lP8QkvHAEumM.99

Second Bear Spotted Near Pittsburgh Mills Mall

The Pittsburgh Mills mall in Frazer experienced a rush of new clientele this weekend: two bears in two days.

Unlike a small, 150-pound bear that perused electronics at Sears on Saturday night and prompted an evacuation of the mall, a second larger bear was more interested in the dining establishments.

Around 11:45 p.m. and about an hour and 45 minutes after wildlife conservation officers tranquilized the small bear in Sears, the second 250 to 300 pound bear emerged near the Olive Garden parking lot.

Frazer police Officer Tim Christian said he and his fellow officers warned employees outside the Longhorn Steakhouse to leave as the female bear wandered over to the restaurant.

Read more: http://www.post-gazette.com/stories/local/neighborhoods-north/second-bear-spotted-near-pittsburgh-mills-mall-645841/#ixzz21SjL1kJP