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Brands Inc.-owned chain fell 11 percent in China in the most recent quarter. http://foresthillmotel.com/matthewowenspro/2016/08/07/when-you-can-accomplish-your-goal-of-satisfying-their-needs-you-will-truly-understand-that-public-speaking-is-not-about-youThe company also has faced backlash in the country after a former supplier was accused of selling expired meat. Bill Darden opened the first Red Lobster in 1968 in Lakeland, Florida. General Mills Inc. bought the business in 1970 and expanded it across the U.S. interview skills mediaThe company in 1982 partnered with retailer Jusco to open stores in Japan, but struggled to gain traction with local diners. The chain ended up closing roughly half of its locations there. Now, the seafood eatery says its seeing momentum and growth again in the country. Golden Gate In 1995, General Mills spun off its dining unit as Darden Restaurants, which about two years ago sold Red Lobster to Golden Gate after facing pressure from activist investor Starboard Value. Golden Gate paid about $2.1 billion for the struggling chain, calling the brand iconic. The investment firm owns other retail and restaurant brands, including California Pizza Kitchen. A year ago, the company brought on Jarrett Whitlow to lead international franchising and also recently began working with Chef Jennifer Treptow in Lima, Peru, to guide overseas Red Lobster operators in creating dishes to suit local tastes.
For the original version including any supplementary images or video, visit http://www.bloomberg.com/news/articles/2016-09-29/red-lobster-goes-overseas-in-search-of-comeback-under-new-owner