An image of a chain link. It symobilizes a website link url. Copy Link Over the past several years, restaurant chain Red Lobster has gotten attention for one thing: the promise of endless shrimp.
Red Lobster exited its Chapter 11 bankruptcy reorganization Monday and RL Investor Holdings LLC completed its acquisition of the chain, which is now more than 100 units smaller than it was when it ...
Red Lobster, known for its affordable seafood and cheddary biscuits, has exited Chapter 11 bankruptcy protection. A U.S. bankruptcy judge approved the casual seafood chain’s reorganization plan ...
Red Lobster officially came out of the bankruptcy process on Monday, with new CEO Damola Adamolekun calling it the "start of a new chapter" for the seafood restaurant chain. Red Lobster’s exit ...
Red Lobster’s new CEO knows he has a lot on his plate. The 56-year-old restaurant chain has been rocked by closures to multiple stores and a bankruptcy filing, but Damola Adamolekun is ready to ...
In June of last year, Red Lobster announced that Ultimate Endless Shrimp — as much as you can scarf down for just $20 — would become an “all day, every day” fixture of the menu.
A revolving door of CEOs. Chapter 11 bankruptcy. Damola Adamolekun, the new chief executive of Red Lobster, is taking over a chain in turmoil. And he’s only 35. “There’s a hole to climb out ...
The Red Lobster restaurant chain announces that it exited Chapter 11 restructuring and closed on its acquisition by RL Investor Holdings LLC. RL Investor Holdings LLC is an entity created by funds ...
Red Lobster 's shrimp promotion proved a disastrous marketing move. (Photo by: Jeffrey ... [+] Greenberg/Universal Images Group via Getty Images) Struggling seafood restaurant chain Red Lobster ...