The Red Lobster® restaurant chain today announces its exit from Chapter 11 restructuring and the completion of its ...

Red Lobster officially came out of the bankruptcy process on Monday, with the new CEO Damola Adamolekun calling it the "start ...

Red Lobster is betting on a new 35-year-old CEO to turn around its ailing business.

The 35-year-old holds a Bachelor in Economics and Political Science from Brown University and a Master of Business Administration from Harvard Business School. In a 2023 interview with Fortune, ...

Damola Adamolekun now heads up the chain, and its parent company has committed to investing $60 million in improvements ...

Red Lobster filed for bankruptcy protection in May and it led to the closing of dozens of restaurants in the U.S.

ORLANDO, Fla., Sept. 16, 2024 /PRNewswire/ — The Red Lobster ® restaurant chain today announces its exit from Chapter 11 ...

Nigerian-American Damola Adamolekun was recently appointed as Red Lobster’s new CEO to guide the company through its ...

The Orlando, Florida-based chain, which lost $76 million in 2023, shuttered dozens of its North American restaurants over ...