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Red Lobster Hospitality, LLC is an American casual dining restaurant chain headquartered in Orlando, Florida.The company has operations across most of the United States (including Puerto Rico and Guam) and Canada, as well as in China, Ecuador, Japan, Malaysia, Mexico, Philippines, Turkey and the United Arab Emirates; as of June 23, 2020, the company had 719 locations worldwide.
The embattled franchise, which has been around for 56 years, has had five CEOs since 2021. However, Damola Adamolekun, 35, has voiced his passion for the brand. ... Despite Red Lobster’s ...
The sale/leaseback that helped sink Red Lobster involved the July 2014 sale of premium real estate underneath 500 of its stores, which generated $1.5 billion.
From a lobster bisque to grilled mahi, the new-and-improved Red Lobster menu will be adding rich, delectable meals for customers to enjoy, along with the opportunity to indulge in their iconic ...
Red Lobster has filed for Chapter 11 bankruptcy. The struggling seafood chain, late Sunday, announced the filing as well as plans to sell its business to an entity that is controlled by its ...
Red Lobster. In 2024 the Orlando, Florida-based seafood chain Red Lobster slipped towards bankruptcy closing 93 locations and filing for Chapter 11 bankruptcy protection on May 20, 2024, with over $1 billion in debt.
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