Red Lobster CEO says endless shrimp is never coming back because ‘I know how to do math’
One of the major blunders made by Red Lobster was its $20 endless shrimp promotion. While the deal made quite the splash with ...
Business Insider6mon
Endless shrimp, private equity, and the 'shrimp mafia' that took down Red Lobster
Once a seafood powerhouse in America, Red Lobster is bankrupt and shutting down dozens of restaurants. Is Wall Street to blame? More from Explainers Once a seafood powerhouse in America ...
Business Insider8mon
Red Lobster bought a lot of shrimp from its Thai owner. Now, the new CEO is investigating.
Red Lobster didn't go bankrupt just because of too much endless shrimp. But the company's CEO faulted its owner and key seafood supplier Thai Union for its role in the shrimp debacle — and in ...
Business Insider8y
We tried Red Lobster’s ‘Endless Shrimp’ for 7.5 hours
An curved arrow pointing right. Red Lobster's "Endless Shrimp" meal is back on the menu with five different preparations of shrimp ready for your eating pleasure. To find out if this offer is ...
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Red Lobster’s CEO has a new favorite dish at the chain he’s trying to revive
Red Lobster CEO Damola Adamolekun has had a lot to say about the seafood chain he’s attempting to revive—particularly in the aftermath of its endless shrimp ... the Wall Street Journal that ...
Wall Street Journal9mon
Red Lobster Filed for Bankruptcy Because of Shrimp
Red Lobster has filed for bankruptcy protection and will sell its assets. WSJ explains what went wrong for the seafood restaurant chain. News moves fast, and there's not always time to untangle ...