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Orlando, Fla. — Darden Restaurants, Inc. has agreed to acquire Cheddar’s Scratch Kitchen (Cheddar’s) for $780 million in an all-cash transaction. Cheddar’s will add to Darden’s portfolio of differentiated brands, which currently includes Olive Garden, LongHorn Steakhouse, Yard House, The Capital Grille, Seasons 52, Bahama Breeze and Eddie V’s.

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Chicago — For the first time in its 117-year history, Rogers & Hollands Jewelers is launching a new discount store model, Rogers & Hollands Outlet, this April. Two Chicago-area Rogers & Hollands locations, one in North Riverside Park Mall and one in Golf Mill Shopping Center, have been selected to be rebranded, remodeled and reopened as Rogers & Hollands Outlet. 

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