Of course it’s risky,” Damola Adamolekun told Fortune’s Ruth Umoh. “I took over a company that’s bankrupt and had a lot of problems.” ...

Crabfest is back at Red Lobster and this year, the seafood restaurant chain is introducing all-new seafood boils to the lineup. The company said in a June 23 news release this year's Crabfest lineup ...

As reported earlier, Red Lobster was considering filing for Chapter 11 bankruptcy after a failed promotion cost it millions of dollars, according to Bloomberg. The seafood chain reported $11 million ...

Red Lobster is bringing back its popular Crabfest promotion – which includes two seafood boil bags with multiple butter flavorings this year: Mariner’s Boil: Features a Maine lobster tail, a dozen ...

At least one in five Red Lobster locations have already or will shut down this year as the nation's largest seafood restaurant chain attempts to find its footing after filing for chapter 11 bankruptcy ...

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 ...

Damola Adamolekun did not wait for a perfect résumé before stepping into the corner office. He became a chief executive at 31 ...

Reviews say you should avoid ordering this famous Red Lobster feast -- citing disappointing taste, texture, and underwhelming ...

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Red Lobster is encouraging customers to come in for drinks during the holidays with its 12 Days of Cocktails promotion. From ...

U.S. restaurant chain Red Lobster is reportedly laying off around 200 restaurant-level employees, even as foot traffic has ...