The goal of Red Lobster Inns, as the chain was originally called, was to bring seafood to landlocked areas at affordable prices. To keep checks low, there were no place mats and no bread.
How missed opportunities, a $1.5 billion real estate deal, all-you-can-eat shrimp and the global pandemic sank the country’s largest seafood chain. Credit...Lisa Sheehan Supported by By David ...
Red Lobster has emerged from bankruptcy with new management and ownership as the struggling seafood-restaurant brand looks to turn the tide. The restaurant chain said Monday that it has formally ...
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.
The group seeking court approval to purchase Red Lobster has selected former P.F. Chang's CEO Damola Adamolekun to run the faltering seafood chain upon its emergence from Chapter 11 bankruptcy.
Roughly two dozen more Red Lobster locations are scheduled to close within the coming days as part of the seafood restaurant chain’s ongoing bankruptcy proceedings. A recent court filing shows ...
Red Lobster plans to close nearly two dozen more restaurants in coming days as the bankrupt seafood chain prepares to be acquired. Known for its affordable seafood and cheddar bay biscuits ...
Now, according to recent filings submitted to the court, Red Lobster has marked another 23 stores for closure across 15 states after the court approved the company’s rejection of unexpired leases.
Former P.F. Chang's CEO Damola Adamolekun is set to take over Red Lobster as its CEO. Adamolekun moved to P.F. Chang's during the pandemic and pivoted its business to accommodate more to-go services.
With the same surreptitious style, incoming Red Lobster CEO Damola Adamolekun frequented locations of the seafood chain months before he took the helm, assessing its food and how to improve the ...