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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.
On May 12, 2014, Darden announced that as part of the spinoff of Red Lobster, it was converting the co-located Red Lobster and Olive Garden locations into standalone Olive Garden locations. [27] On May 16, 2014, Darden announced that it would be selling the Red Lobster seafood restaurant chain to Golden Gate Capital for US$2.1 billion. [28]
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.
Peoria’s Red Lobster – situated at 4625 N. Sterling Ave. – was among nearly two dozen locations named in the chain’s recent lease rejections. The location had been open since February 1990 ...
Red Lobster's new CEO Damola Adamolekun shares changes to the chain's menu, including seven new items, and the return of hush puppies and popcorn shrimp. EXCLUSIVE: Red Lobster revamps menu ...
Red Lobster restaurant sign and exterior. Reports in April that Red Lobster was contemplating bankruptcy devastated fans of the seafood restaurant. Now, dozens of the chain's locations are ...
Red Lobster’s controlling shareholder Thai Union also hurt the brand, say former employees and analysts. Thai Union was a top supplier of shrimp to Red Lobster for more than 20 years.
When a private-equity firm bought Red Lobster in 2014, it sold the land under the restaurants for $1.5 billion. Now the restaurants can't pay the rent. It wasn't the endless shrimp that doomed Red ...