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On May 12, 2014, Darden announced that as part of its spinoff of Red Lobster, it was converting the co-located Red Lobster and Olive Garden locations into standalone Olive Garden locations. [23] On May 16, 2014, Darden announced it would be selling the Red Lobster seafood restaurant chain to Golden Gate Capital for US$ 2.1 billion. [ 24 ]
The iPhone 13 and 13 Mini feature the same camera system with three cameras: one front-facing camera (12MP f/2.2) and two back-facing cameras: a wide (12MP f/1.6) and ultra-wide (12MP f/2.4) camera. The back-facing cameras both contain larger sensors for more light-gathering with new sensor shift optical image stabilization (OIS) on the main ...
Red Lobster is rolling out new menu changes in an effort to excite seafood lovers — including those on TikTok. Damola Adamolekun, the restaurant chain’s new 35-year-old CEO, revealed the ...
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.
On Monday, May 13, Neal Sherman, founder and CEO of the liquidation firm TAGeX Brands announced via LinkedIn that it was spearheading the closure of over 50 Red Lobster restaurant locations.
In 2021 and 2022, Red Lobster brought on a new CEO, chief marketing officer, chief financial officer and chief information officer. All left the company within two years. Then came the all-you-can ...
Red Lobster is "owning its lob-star status" for this year's Lobsterfest by offering customers 10 dishes and a "Create Your Own" option tied to "GLOAT," a news release read.
Red Lobster’s new 35-year-old CEO explains what went wrong with ‘endless shrimp’ — calls the chain ‘one of the most important companies’ in American history.