Reported 19 days ago
Darden Restaurants, the owner of Olive Garden, announced a partnership with Uber for a delivery service, resulting in a nearly 7% increase in its stock price during premarket trading. This pilot program, starting in late 2024 at select locations, is expected to roll out nationwide by May 2025. The move comes as Darden seeks to address customer demand for home delivery amid declining foot traffic and disappointing sales figures.
Source: YAHOO