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Red Lobster CEO Damola Adamolekun has had a lot to say about the seafood chain he’s attempting to revive—particularly in the aftermath of its endless shrimp debacle.And recently he even ...
Red Lobster is coming back with one very important addition to the menu. Earlier this year, the fast-casual seafood chain had to file for Chapter 11 bankruptcy after an endless shrimp deal proved ...
After shuttering more than 100 locations across the country and filing for Chapter 11 bankruptcy protection in May, Red Lobster has hired a new CEO to help revitalize the popular seafood ...
Red Lobster’s CEO is trying to refresh the 56-year-old casual dining chain with new menu items to appeal to millennials as the beleaguered chain looks to rebound from bankruptcy. “We want to ...
In 2023, Red Lobster was further knocked off balance by its $20 endless shrimp offer that became much more popular with customers than anticipated. The all-you-can-eat menu option was previously a ...
Reports in April that Red Lobster was contemplating bankruptcy devastated fans of the seafood restaurant. Now, dozens of the chain's locations are shutting down without warning—even for ...
Red Lobster is trying to change the tides in its post-bankruptcy era. In May, the casual seafood dining chain filed for Chapter 11 bankruptcy after closing dozens of restaurants, which gave it ...
However, Red Lobster went on to report approximately $11m in operating loss for their third quarter 2023. In their fourth quarter, they went on to lose $12.5m in operating losses, according to the ...