This comes after Red Lobster reported a $12.5 million operating loss in the fourth quarter of 2023 Kimberlee Speakman is a digital writer at PEOPLE. She has been working at PEOPLE since 2022. She has ...
NEW YORK -- It was a simple plan. Business tends to slow down at Red Lobster locations during the third and fourth quarters, so its parent company, Thai Union, launched a new promotion. For $20, ...
Red Lobster is in hot financial waters, attempting to stay afloat by eyeing Chapter 11 bankruptcy to restructure its debts after an endless shrimp promotion sank the seafood restaurant chain's bottom ...
CEO Damola Adamolekun said they don't plan to pass tariff costs to diners. The CEO of Red Lobster has successfully corrected course, sailing the company into smoother waters financially after ...
NEW JERSEY (WABC) -- The scent of flowers in spring is remarkable, but do you ever give any thought to the salty tang of winter? The endless wave of snowstorms has left New Jersey with a salty ...
Red Lobster has since raised the price of the deal to $25. The "Ultimate Endless Shrimp" deal reeled in too many hungry customers at Red Lobster and now the company is turning the tide after reporting ...
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