There’s a lot of positive signs, but we inherited a very damaged brand, so there’s still work to do to repair all of that,” ...

Damola Adamolekun has been reviewing restaurant leases and streamlining operations to speed up a turnaround.

A popular seafood restaurant chain is looking to close more locations, two years after filing for bankruptcy. Red Lobster CEO Damola Adamolekun told The Wall Street Journal that the casual-dining ...

Red Lobster, which brought affordable shrimp and lobster to middle-class America and grew to become the largest seafood restaurant chain in the world, has filed for bankruptcy. The company said it had ...

Red Lobster menu with a plate of lobster in the background - Brandon Bell/Getty Images Seafood deals and irresistible cheesy biscuits have made Red Lobster a nationally loved chain. For years now, the ...

ORLANDO FLA. —Red Lobster has begun airing TV spots that focus on fresh fish, a noticeable departure from ads it had aired for many years that promoted price discounts for fried seafood. The shift in ...

Seafood restaurant chain Red Lobster filed for bankruptcy, succumbing to onerous leases, high labor costs and a disastrous unlimited shrimp promotion. The Orlando, Florida-based company filed for ...

NEW YORK (AP) — 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. A U.S. bankruptcy ...

In 2003, Red Lobster ran an "Endless Crab" promotion. The all-you-can-eat deal backfired spectacularly. Red Lobster misjudged just how many seafood lovers would pour into restaurants around the United ...