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Following its 2024 bankruptcy, Red Lobster is betting big on a revamped Crabfest to fill seats this summer.
A fresh menu, friendlier service, and a social media revival—Red Lobster is banking on more than biscuits to win over a new generation of fans.
Red Lobster has been going through some hard times, as the restaurant chain closed dozens of locations last year and filed for bankruptcy back in May of 2024. But now, it sounds like the seafood ...
Red Lobster's 36-year-old CEO, Damola Adamolekun, said he was focusing on improving the chain's food, service, and ambiance.
Red Lobster in September officially exited Chapter 11 bankruptcy protection that became something of a public spectacle due to its association with an Ultimate Endless Shrimp promotion.
Red Lobster CEO Damola Adamolekun admits the $20 endless shrimp campaign was the main cause of the seafood chain's Chapter 11 bankruptcy.
The restaurant chain Red Lobster announced Monday the company exited Chapter 11 bankruptcy and has a new chief executive officer, Damola Adamolekun.
Red Lobster filed for bankruptcy protection in May and it led to the closing of dozens of restaurants in the U.S.