Red Lobster’s new CEO recalled the ‘chaos’ created by the $20 endless shrimp promotion that propelled the company toward ...
The 35-year-old Red Lobster CEO Damola Adamolekun admits the $20 endless shrimp campaign was the main cause of the seafood ...
The shrimp-ly irresistible deal left customers shell-shocked when the restaurant chain unexpectedly shuttered nearly 100 ...
Red Lobster filed for bankruptcy back in May of this year and in August they announced the appointment of Damola Adamolekun ...
Damola Adamolekun told the Wall Street Journal that while the promotion put the seafood chain over the edge, a history of ...
The seafood chain's 'Cheddar Bay 2024 campaign' allows fans a chance to win almost $5,000 worth of food for four years if you ...
Red Lobster has clawed its way out of bankruptcy. But to understand how the seafood chain got there, it’s helpful to ...
Red Lobster’s new CEO, Damola Adamolekun, boldly declared the “Endless Shrimp” promotion a failure, citing its significant ...
Newly appointed Red Lobster CEO Damola Adamolekun, named to the position in late August as the Orlando, Florida, U.S.A.-based ...
Red Lobster faced a major setback when it filed for bankruptcy in May 2024. Central to this crisis was the chain’s ill-fated ...
Damola Adamolekun says the company’s endless shrimp offering hurt “one of the most important companies in American history.” ...
It sounds like a shrimp-ly irresistible offer, but Red Lobster’s $20 endless shrimp deal was allegedly the main suspect in the chain’s bankruptcy filing earlier this year, the new CEO said in ...