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Damola Adamolekun

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Red Lobster Reboots Endless Shrimp in Comeback Push After Bankruptcy
business3 days ago

Red Lobster Reboots Endless Shrimp in Comeback Push After Bankruptcy

Red Lobster is reviving its Endless Shrimp promotion for a limited time as part of a restructuring and comeback led by CEO Damola Adamolekun, with stronger financial discipline and market-based pricing. The spring run validated the updated model (including five shrimp flavors and a dine-in focus with pricing that varies by market), and the chain plans broader operational improvements and the closure of underperforming locations as it pursues what it calls a major restaurant-industry comeback.