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Red Lobster Hospitality, LLC is an American casual dining restaurant chain headquartered in Orlando, Florida.The company has operations across most of the United States (including Puerto Rico and Guam) and Canada, as well as in China, Ecuador, Japan, Malaysia, Mexico, Philippines, Turkey and the United Arab Emirates; as of June 23, 2020, the company had 719 locations worldwide.
Red Lobster, a popular seafood restaurant chain, ... Ross Reily can be reached by email at rreily@gannett.com or 601-573-2952. You can follow him on Twitter @GreenOkra1.
Red Lobster [ edit ] In 2024 the Orlando, Florida -based seafood chain Red Lobster slipped towards bankruptcy closing 93 locations and filing for Chapter 11 bankruptcy protection on May 20, 2024, with over $1 billion in debt.
The sale/leaseback that helped sink Red Lobster involved the July 2014 sale of premium real estate underneath 500 of its stores, which generated $1.5 billion.
But that doesn't account for the gluttony of Red Lobster's former private equity owners, San Francisco-based Golden Gate Capital, or its subsequent corporate owners, the huge Bangkok-based seafood ...
Kelli Valade (born October 11, 1969) is an American businesswoman who was formerly the chief executive officer of Red Lobster. Previously, she was the CEO and president of Black Box Intelligence (formerly TDn2K). [1] She is the former brand president of Chili's Grill & Bar and former executive vice president at Brinker International. [2]
Red Lobster's incoming CEO, Damola Adamolekun, said last year that he didn't have work-life balance. Adamolekun, formerly P.F. Chang's CEO, said he preferred to integrate work and his personal life.
In its bankruptcy filing, Red Lobster stated it employs 36,000 workers who serve some 64 million customers per year. Jonathan Tibus, the company’s CEO, said: "This restructuring is the best path ...