The shrimp-ly irresistible deal left customers shell-shocked when the restaurant chain unexpectedly shuttered nearly 100 ...

While hauling traps off the coast of Nantucket last Friday, a lobsterman and his crew spotted something out of the ordinary – a yellow lobster. Jim Sjolund, the captain of the Nantucket lobster ...

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Red Lobster’s new CEO recalled the ‘chaos’ created by the $20 endless shrimp promotion that propelled the company toward ...

New Red Lobster CEO Damola Adamolekun talks about the trouble created by the chain's endless shrimp deal and how the ...

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.

Red Lobster was cleared to exit bankruptcy several months after financial woes compelled the seafood restaurant chain to close dozens of locations and file for Chapter 11. Part of the blame was ...

The green light arrives under just four months after Red Lobster filed for bankruptcy protection as it pursued a sale, following years of mounting losses and dwindling customers while it struggled ...

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 ...

Red Lobster is looking to rebound with a new CEO, after a year that saw a Chapter 11 bankruptcy filing and the closing of more than 100 locations. But before the chain's new CEO, Damola Adamolekun ...

How missed opportunities, a $1.5 billion real estate deal, all-you-can-eat shrimp and the global pandemic sank the country’s largest seafood chain. Credit...Lisa Sheehan Supported by By David ...