Uber to provide delivery for Olive Garden in new partnership

Published On Sep 19, 2024, 3:53 PM

Darden Restaurants, the parent company of Olive Garden, has entered into an exclusive multi-year partnership with Uber to provide delivery services for its restaurants. This collaboration will begin with a limited number of Olive Garden locations and aims to expand to all locations by May of next year. The delivery service will be managed through Uber Direct, allowing customers to order food for delivery via Darden’s own restaurant platforms. Darden's CEO mentioned that customers have been requesting delivery options, and this initiative is expected to drive sales in the long term, despite recent sales declines in Olive Garden.

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Stock Forecasts

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The introduction of delivery through a major platform like Uber is expected to enhance Olive Garden's customer reach and convenience, potentially boosting sales. As consumer preferences shift towards on-demand delivery, this partnership positions Darden to capitalize on these trends.

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Uber's expansion into restaurant delivery with this exclusive partnership could lead to increased transactions and better brand recognition in the food delivery space. This can also potentially stabilize its revenue streams against competition.

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