On Wednesday, Darden Restaurants, Inc (NYSE:DRI)’s shares declined -1.25% to $67.05.
As Olive Garden is a division of Darden Restaurants, Inc., (DRI), which owns and operates more than 1,500 restaurants that generate over $6.3 billion in annual sales. Olive Garden, declared it has reached a contract with Ziosk, makers of the world’s first ordering, entertainment and pay-at-the-table tablet, to start the introduction of tabletop tablets in all of its restaurants nationwide.
Olive Garden has been testing Ziosk in a select number of its restaurants since last year, and the feedback from guests and servers has been positive. These restaurants are experiencing higher guest satisfaction scores, faster dining times and raised tip percentages for servers.
Starting in May, Olive Garden will start a phased rollout of Ziosk tablets into additional restaurants. The program will be supported by robust in-restaurant training to ensure this implementation reaches its full potential of enhancing the overall experience for guests and team members. Olive Garden anticipates Ziosk tablets to be in all of its 800-plus U.S. locations before the end of the calendar year.
“We’ve been focused on improving the dining experience at every touch point, and we’re excited to give our guests the ability to customize their visit by leveraging the technology of Ziosk’s tabletop tablets,” said Dave George, Olive Garden president. “This additional resource benefits both our guests and our servers, enabling our team members to make more meaningful connections and provide more personalized service.”
“Olive Garden provides guests a warm, family atmosphere that promotes the same kind of togetherness the communal entertainment on Ziosk tablets is designed to foster,” said Austen Mulinder, Ziosk CEO. “We are thrilled to partner with a restaurant that shares our vision for using technology to encourage fun and interaction over a great shared meal.”
Darden Restaurants, Inc. owns and operates full service restaurants in the United States and Canada. It operates restaurants under the Olive Garden, LongHorn Steakhouse, Bahama Breeze, Seasons 52, The Capital Grille, Eddie V’s, and Yard House brand names. As of July 28, 2014, it owned and operated about 1,500 restaurants. The company was founded in 1968 and is headquartered in Orlando, Florida.
Kimco Realty Corp (NYSE:KIM)’s shares dropped -1.20% to $25.50, during the last trading session on Wednesday.
On April 6, Kimco Realty Corp. stated that the company’s transaction activity for the first quarter of 2015 totaled more than $1.7 billion. Highlights comprise the acquisition of the remaining 66.7% ownership interest in the 39-property Kimstone portfolio for a gross price of $1.4 billion, the purchase of Copperfield Village in Houston, TX for $39.5 million, and the declared property trade with RioCan Real Estate Investment Trust (RioCan). Property dispositions for the quarter totaled $302.4 million on a gross basis and comprised of the sale of six U.S. shopping centers, three Canadian properties and the sale of 37 net-leased restaurants.
Kimco Realty Corporation is an independent real estate investment trust. The firm invests in the real estate markets across North America. It is primarily engaged in acquisitions, development, and administration of neighborhood and community shopping centers. The firm also provides property administration services regarding the administration, leasing, operation, and maintenance of real estate properties. Kimco Realty Corporation was formed in 1966 and is based in New Hyde Park, New York with additional office all across North America.
At the end of Wednesday’s trade, Brandywine Realty Trust (NYSE:BDN)‘s shares dipped -1.18% to $15.03.
On April 7, Brandywine Realty Trust (BDN), declared that The U.S. Environmental Protection Agency (EPA) has recognized the Company with a 2015 ENERGY STAR Partner of the Year – Sustained Excellence Award for continued leadership in protecting our environment through superior energy efficiency achievements. Brandywine’s accomplishments will be recognized in Washington, D.C. on April 20, 2015.
Brandywine Realty Trust, an ENERGY STAR partner since 2013, will be honored for its long-term commitment to energy efficiency.
Key accomplishments of Brandywine’s award-winning energy administration program comprise:
- 139 properties (21.5 million square feet) have earned the ENERGY STAR Label
- 4% of the square footage in Brandywine’s 260 owned and managed properties has earned the Label at least once
- In aggregate, counting re-certifications, Brandywine has earned 304 Labels in the past 3 years for our owned and managed properties
“We truly value our partnership with ENERGY STAR and it is an honor to be recognized for the third successive year as an ENERGY STAR Partner of the Year,” said George Johnstone, Executive Vice President – Operations of Brandywine Realty Trust. “Our property administration and engineering teams remain diligent and focused on making our portfolio more energy efficient. These efforts led to 26 new ENERGY STAR Labels and 61 re-certification Labels in 2014.”
Brandywine Realty Trust is a publically owned real estate investment trust. The firm invests in real estate markets of the United States. It makes investments in office, mixed-use, and industrial properties. Brandywine Realty Trust was founded in 1985 and is based in Radnor, Pennsylvania with additional offices in Mount Laurel, New Jersey; Richmond, Virginia; Dallas, Texas; Falls Church, Virginia; Oakland, California; Austin, Texas, and Carlsbad, California.
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