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At that time, 36 Canadian Ponderosa locations were acquired by General Mills Restaurant Group which converted them to Red Lobster restaurants. [9] In the meantime, Bonanza maintained a presence in Canada. [10] The last Canadian location closed in November, 2010. [11] In February 1988, Ponderosa was sold to Metromedia Restaurant Group. [7]
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.
Red Lobster. In 2024 the Orlando, Florida-based seafood chain slipped towards bankruptcy closing 93 locations and filing for Chapter 11 bankruptcy protection on May 20, 2024, with over $1 billion in debt.
ADXco / ShutterstockUPDATE: May 21, 2024Editor's note: On May 19, Red Lobster confirmed it has filed for Chapter 11 bankruptcy. Nearly 580 of its restaurants will remain open through the ...
Hush puppies, once a staple on Red Lobster’s menu, are coming back. It’s part of broader changes at the chain, which recently emerged from bankruptcy and is now under the control of a 35-year ...
Red Lobster is rolling out new menu changes in an effort to excite seafood lovers — including those on TikTok. Damola Adamolekun, the restaurant chain’s new 35-year-old CEO, revealed the ...
Red Lobster's sparkling Snowglobe Sangria is back for a limited time, while the festive Ruby Mule and Mocha Espresso Martini both make their debut appearances. Snowglobe Sangria, Ruby Mule, and ...
Red Lobster was a casual dining pioneer, bringing affordable seafood to middle-class consumers for the first time. But the chain has declined in recent years due to a range of factors, including ...