The Orlando-based firm plans to grow its 653-unit Red Lobsterdivision by eight restaurants. The 469-unit Olive Garden group getsanother 15 locations. Bahama Breeze, a 14-restaurant section, willbe increased by 12 units. And the three-unit Smokey Bones BBQproperty will add another restaurant.
On the renovation side, 120 Olive Gardens and 33 Red Lobsterswill be redone.
Darden chairman/CEO Joe R. Lee justifies the expansion plans bynoting the public's appetite for dining out continues to widen evenamong speculation of a slowing economy. Lee spoke at the company'sannual meeting at the Renaissance Resort at SeaWorld.
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