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The Latest Breaking News from Red Lobster

Red Lobster’s new CEO said the seafood chain’s endless shrimp offering caused an all-you-can-eat chaos

Damola Adamolekun says the company’s endless shrimp offering hurt “one of the most important companies in American history.”

Fortune

Veteran trader reviews Olive Garden parent stock price after earnings

TheStreet Pro's Stephen Guilfoyle and stock analysts take a second look at Darden Restaurants.

The Street

Red Lobster Exits Chapter 11 Bankruptcy Protection

The seafood chain emerges with a new CEO and new ownership.

International Business Times

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Red Lobster officially exits Chapter 11 bankruptcy protection

The seafood restaurant chain is exiting Chapter 11 bankruptcy less than four months after filing.

The Street

Fans rejoice as Red Lobster exits bankruptcy with new owners

The seafood chain announced it was filing for bankrupcy in May

The Independent UK

Red Lobster’s 35-year-old CEO wakes up at 4 a.m.

Damola Adamolekun previously served as the CEO of P.F. Chang’s before accepting the top job at Red Lobster.

Fortune

Red Lobster's future is looking up

Red Lobster will also see new leadership changes once its forthcoming acquisition is complete

Salon

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BurgerFi Restaurant Chain Files For Chapter 11 Bankruptcy Protection

The company does not plan to close any location during the reorganization.

International Business Times

Nostalgic seafood restaurant chain exits Chapter 11 bankruptcy

A nostalgic seafood chain will continue to butter Americans up after a leadership change.

The Street

Red Lobster CEO secretly visited restaurants around the country before being made boss

Damola Adamolekun sampled crab legs and lobster tail in a food tour starting in May and ending in August when he was hired.

Fortune

Red Lobster says it will soon exit bankruptcy protection after judge approves seafood chain's sale

After months of dozens of restaurant closings and headlines about “endless shrimp” woes, Red Lobster is poised to soon exit from Chapter 11 bankruptcy protection

The Independent UK

Red Lobster to close more restaurants

Red Lobster is shuttering another 23 locations amid its ongoing Chapter 11 bankruptcy proceedings.

The Street

New CEO could bring Red Lobster C-Suite stability—and prevent another endless shrimp debacle

Damola Adamolekun will become the chief executive of RL Holdings LLC, which is set to acquire Red Lobster.

Fortune

Red Lobster's new leader is a millennial Wall Street fave who doesn't believe in work-life balance

Damola Adamolekun, former P.F. Chang’s CEO, turns to a new fast-casual venture.

Fortune

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The Independent UK

Red Lobster closes two dozen more restaurants after 100 shut down following bankruptcy

Last fall, Red Lobster lost $11m on its Ultimate Endless Shrimp promotion, which charged $20 for all-you-can-eat shrimp deal

International Business Times

Bankrupt Restaurant Chain Red Lobster Names Post-Takeover CEO

Damola Adamolekun is a former CEO of P.F Chang's

The Street

Red Lobster closing more restaurants in Chapter 11 bankruptcy

The struggling chain is going to be a lot smaller assuming it manages to keep operating.

The Street

Struggling restaurant chain quietly closes dozens of locations

It's not just Red Lobster and Boston Market closing locations in the post-Covid world.

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The Street

Struggling bar and restaurant chain selling all its locations

The sales would involve a major business-model change for the popular restaurant chain.

Salon

Buca di Beppo shuts down 13 restaurants

The Italian-American restaurant chain cited a decrease in sales, staffing challenges and rising food costs

The Street

Favorite restaurants file for Chapter 11 bankruptcy for a variety of reasons.

The Street

Essential retailer closes more stores in Chapter 11 bankruptcy

The company has continued to close locations and it recently delivered more bad news to customers.

The Street

Restaurant chain closing more locations in Chapter 11 bankruptcy

The struggling restaurant chain faces a new order from its bankruptcy judge.

The Street

Struggling restaurant chain faces more closures during Chapter 11 bankrutpcy

The bankrupt brand has closed dozens of restaurants in its fight for survival.

The Street

Struggling restaurant chain hits Chapter 11 bankruptcy problem

The company hopes to survive but it's facing major pushback from its creditors.

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