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The Latest Breaking News from Red Lobster

Red Lobster's millennial CEO practices emotional control so his team never sees him sweat

Red Lobster's millennial CEO Damola Adamolekun said practicing emotional control results in a more positive work environment for his team.

Fortune

Formerly bankrupt restaurant chain announces major dining changes

The Street

Giant retail chain announces major closure

The historic and popular label is attempting to turn the tide before it's too late.

The Street

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read the most diverse news in one place.

Is Red Lobster open on New Year's Eve 2024 and New Year's Day 2025?

Red Lobster reveals whether customers will be able to enjoy an affordable seafood feast on New Year's Eve 2024 and New Year's Day 2025.

The Street

Value-seekers drove 2024's retail trends and dead ends

Value was in vogue in 2024

The Independent UK

These restaurants are open on Christmas Day 2024, New Year's Day 2025

The Street

How ‘CEO sprinters’ like Red Lobster’s 35-year-old exec make it to the top

Leaders who become CEOs in record time all share three career catalysts.

Fortune

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Shark Tank judge Daymond John says you don’t need money or connections to get rich

John, whose net worth is estimated at $350 million, thinks you don’t need privilege to make it big.

Fortune

Formerly bankrupt chain restaurant brings back value deals

Formerly bankrupt restaurant chain brings back nationwide deals and discounts after its revamp.

The Street

Red Lobster launches Happy Hour menus

The seafood chain is also revamping its restaurant menu with seven new items and two fan-favorite dishes

Salon

Red Lobster’s 35-year-old CEO announces new menu items and return of favorites in bid for millennial resurgence

Familiar favorites hush puppies and popcorn shrimp are also making a comeback to the menu

The Independent UK

Red Lobster’s CEO has a new favorite dish at the chain he’s trying to revive

Damola Adamolekun also wants to improve the layout and overall appearance of the menu itself to help customers find the best deals.

Fortune

Red Lobster is making its comeback

The seafood chain is introducing seven new items to its menu and bringing back two fan-favorite dishes

Salon

Red Lobster's New CEO Mocks Old Bosses Going Bankrupt Over Endless Shrimp Deal: 'I Know How to Do Math'

Red Lobster's new CEO recently mocked past leadership for financial missteps like the disastrous endless shrimp deal.

International Business Times

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The Independent UK

Red Lobster CEO says endless shrimp is never coming back: ‘I know how to do math’

CEO Damola Adamolekun won’t bring back the $20 endless shrimp deal that led Red Lobster to file for bankruptcy

Fortune

Red Lobster CEO says endless shrimp is never coming back because 'I know how to do math'

Instead, Damola Adamolekun is going back to what made the company successful in the first place.

The Street

Red Lobster's bankruptcy & how it emerged

Red Lobster is working hard to get back on its feet and win back its shrimp-happy customers.

The Street

Formerly bankrupt restaurant chain reboots menu to fix low sales

The struggling restaurant chain is betting on a beloved menu item to help it make a comeback.

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news in one place.

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Salon

TGI Fridays files for bankruptcy

The company said in a statement that the COVID-19 pandemic was the “primary driver of our financial challenges"

Fortune

TGI Fridays is worried it won't have enough cash if customers redeem $50 million in outstanding gift cards that don't expire

Franchisees are concerned the restaurant chain will be unable to reimburse them for cashed-in vouchers dating back as early as 2003.

International Business Times

TGI Friday's Is Latest Fast-Casual Restaurant Chain To Go Bankrupt

The company that owns and operates 39 outlets in the U.S. blamed its misfortunes on the COVID-19 pandemic and 'our capital structure.'

Fortune

Red Lobster is on a hiring spree to replace its C-suite in the aftermath of the endless shrimp debacle

The seafood chain appointed a new chief marketing officer and chief financial officer.

International Business Times

Struggling TGI Fridays Closes Dozens More Restaurants

While 1,000 people lost their jobs, 2,000 others were saved.

The Independent UK

Red Lobster’s new CEO breaks silence over the downfall of the endless shrimp

All-you-can-eat offer blamed for crisis that saw the chain closing more than 100 restaurants

Fortune

Red Lobster's new 35-year-old CEO says endless shrimp promotion stressed out workers

The all-you-can-eat promotion also caused financial carnage.

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