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Fire Goes Out at Darden's Smokey Bones Chain

Darden Restaurants to Divest 126-Restaurant Smokey Bones Chain
By Sasha M Pardy
May 7, 2007 | 2:45 P.M.

Unsuccessful in its attempts to grow its Smokey Bones barbeque chain into a national footprint similar to its Olive Garden and Red Lobster brands, Darden Restaurants, Inc. (NYSE:DRI), Orlando-based restaurant operator and a Fortune 500 company, put the remaining 73 Smokey Bones restaurants up for sale after closing 54 underperforming restaurants on Saturday May, 5th, the day of the announcement.

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