Now 36, Adamolekun became chief executive officer at Red Lobster in August 2024 while the company was in Chapter 11 from May ...
Red Lobster’s famous Endless Shrimp promotion was a fan-favorite deal…until it cost the brand a whopping $11 million in ...
We all make mistakes, chain restaurants included. For instance, Red Lobster’s famous Endless Shrimp promotion cost the brand a cool $11 million in operating losses after being made a permanent menu ...
India's shrimp exports to the U.S. were once a success story. Now the industry faces ruin amid President Trump's 50% tariff on imports from the country.
Who doesn't remember Red Lobster's disastrous Endless Shrimp campaign? The marketing promotion was so "successful" — meaning Red Lobster couldn't keep up with demand — that it cost the seafood ...
Once a symbol of affordable indulgence and community gathering, Red Lobster has weathered years of financial turbulence, leadership turnover, and changing consumer habits.
All eyes were on Damola Adamolekun, the chief executive officer of Red Lobster Investor Holdings, on Tuesday at Florida International University in Miami-Dade County.
President Trump's tariffs raise US shrimp prices, impacting restaurants and consumers, while creating opportunities for ...
Americans seem to really like their shrimp. (SOUNDBITE OF ARCHIVED RECORDING) UNIDENTIFIED PERSON #1: Ultimate endless shrimp is here with a limited time... RASCOE: Remember the endless offer that ...
Not only can you cash in on this discounted sampler for a limited time, but you can also try the chain’s new fall cocktails: ...
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