But without those juicy red markdown tags, customers bailed. Even though prices were technically lower, the feeling of getting a deal disappeared, and so did the shoppers. By 2020, bankruptcy ...

Red Lobster’s new CEO said customer feedback has improved significantly since the restaurant chain emerged from bankruptcy ...

Red Lobster has been going through some hard times, as the restaurant chain closed dozens of locations last year and filed ...

Red Lobster has been going through some hard times, as the restaurant chain closed dozens of locations last year and filed for bankruptcy back in May of 2024. But now, it sounds like the seafood ...

Red Lobster may have filed for bankruptcy in 2024. However, under the leadership of new CEO Damola Adamolekun, the seafood ...

Red Lobster, which has over 540 locations across the U.S. and in Canada, applied for bankruptcy in September. The company was bought out by RL Investor Holdings LLC. In September, Adamolekun was ...

Red Lobster CEO Damola Adamolekun spoke with CBS News MoneyWatch correspondent Kelly O'Grady about the company's strategy. CBS News - Video Posted: June 3, 2025 | Last updated: June 3, 2025 ...

NEW YORK — 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 ...