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The options ranged from coconut shrimp, linguini alfredo to grilled shrimp skewers. Red Lobster saw a traffic increase of 2% compared to last quarter, and 4% compared to the previous year.
CEO Damola Adamolekun won’t bring back the $20 endless shrimp deal that led Red Lobster to file for bankruptcy ... had cost the company $11m when he decided to make the all-you-can-eat shrimp ...
Red Lobster's parent company, Thai Union Group, disclosed earlier this month that the seafood chain took an unexpectedly large loss in the third quarter of the year because its $20 shrimp ...
In celebration of its annual Lobsterfest, Red Lobster is giving 150 winners an “Endless Lobster Experience,” a two-hour complimentary feast of unlimited lobster, two sides and Cheddar Bay ...
Part of that success, Adamolekun said, is the launch of a new menu on Nov. 11. Although the menu is 20% smaller, it features seven new items, including bacon-wrapped sea scallops, a lobster bisque ...
Red Lobster considers filing for Chapter 11 bankruptcy As reported earlier, Red Lobster was considering filing for Chapter 11 bankruptcy after a failed promotion cost it millions of dollars ...
Red Lobster’s $20 Ultimate Endless Shrimp deal was fun while it lasted, but as with all good things, the unreal price is coming to an end. During third-quarter earnings call this month, a ...
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.