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 ...
New data from Fast Company and FutureBrand finds customers are willing to support brands they love during financial hardships ...
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 ...
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 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 endless shrimp promotion cost millions in operating losses and put undue stress on servers and kitchen staff, ...
Red Lobster’s new CEO Damola Adamolekun admitted that its $20 endless shrimp offering — which contributed to the restaurant filing for bankruptcy — stressed out employees and created “a ...
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 of ...
Red Lobster is out of the bankruptcy process after it was acquired under a court-approved Chapter 11 plan. RL Investor Holdings LLC is acquiring the seafood chain and will run its 545 restaurants ...
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 ...