Red Lobster’s 35-year-old CEO Damola Adamolekun sits down with NBC’s Savannah Sellers to discuss the changes he’s implementing to revive the business with a revamped menu. Adamolekun also reveals the ...

It sounds like a shrimp-ly irresistible offer, but Red Lobster’s $20 endless shrimp deal was allegedly the main suspect in the chain’s bankruptcy filing earlier this year, the new CEO said in ...

Red Lobster’s new CEO recalled the ‘chaos’ created by the $20 endless shrimp promotion that propelled the company toward bankruptcy. He was asked if he’d ever consider bringing it back.

But after hiring a new CEO, 35-year-old Damola Adamolekun, the company is making a comeback and, this time, working smarter not harder to win back the hearts of Red Lobster fans everywhere.

Red Lobster’s new 35-year-old CEO is opening ... Originally a $20 once-a-week promotional deal, the company made endless shrimp a permanent menu item, leading patrons to eat more shrimp than ...

His first major step towards rescuing Red Lobster is to eliminate one of its most iconic menu items: $20 endless shrimp, which was first launched in 2004. The company lost an estimated $20 million ...

Red Lobster has named Nichole Robillard as chief marketing ... that became something of a public spectacle due to its association with an Ultimate Endless Shrimp promotion that attracted droves of ...

They’re vendors for shrimp,” Adamolekun said. Last year, Red Lobster made $20 endless shrimp a permanent menu item for the first time. It had been a limited-time offer for nearly two decades.

Want to win four years of free Red Lobster? Its endless shrimp promotion was chaos, according to its new CEO, but the restaurant chain is offering seafood lovers a chance at winning free Cheddar ...

Red Lobster's new chief executive said he's had always felt dubious about the endless shrimp deal that reportedly cost the company $11 million in first quarter of its launch. In a new CNN interview, ...

One of America’s favorite casual dining chains has had a rocky few months—and they’re blaming it on shrimp. In May, Red ...