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Friday, June 21, 2013

Olive Garden drops prices again -- big mistake

http://money.msn.com/now/blog--olive-garden-drops-prices-again-big-mistake Yet Olive Garden keeps focusing on 2012, when it misjudged consumer appetites by offering a 2-for-$25 three-course meal deal that was almost immediately undercut when competitors including DineEquity's (DIN -3.53%) Applebee's, Brinker Restaurants' (EAT -3.56%) Chili's and Bloomin' Brands' (BLMN +1.04%) Outback Steakhouse offered 2-for-$20 meal deals or $10 entrees.

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