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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.
Hush puppies in, endless shrimp out as Red Lobster looks to grow Part of a revamped selection to attract more customers, the new menu comes with nine newly-added items, including lobster bisque to ...
One of the major blunders made by Red Lobster was its $20 endless shrimp promotion. While the deal made quite the splash with customers, the company suffered millions in operating losses.
Red Lobster will not be bringing back one fan-favorite food deal anytime soon.. In early 2024, the family-style seafood chain closed a handful of its restaurants across the country as serious ...
The first Red Lobster restaurant was opened on January 18, 1968, in Lakeland, Florida, by entrepreneurs Bill Darden and Charley Woodsby. [11] [12] The oft-quoted date of March 27, 1968, is based on the incorporation date of Red Lobster Inns of America, Inc. (now GMRI, Inc.) in the Florida Secretary of State's Office.
Red Lobster has had a fishy few months. In May, the seafood chain filed for bankruptcy after more than 50 locations closed amid massive losses from its mayhem-making Endless Shrimp promotion.. But ...
Red Lobster gambled that offering customers all the shrimp they could eat would give the struggling chain a desperately needed boost. Instead, it now blames the deal for its deepening financial woes.
Red Lobster is in trouble. Its solution: all-you-can-eat lobster, just months after an endless shrimp promotion led to deep losses that the company is still trying to dig out of.
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