Well this should be interesting. Red Lobster was stripped of most or all real estate assets by Golden Gate Capital, an American private equity firm. That added an extra fat layer of expenses to ...

A revolving door of CEOs. Chapter 11 bankruptcy. Damola Adamolekun, the new chief executive of Red Lobster, is taking over a chain in turmoil. And he’s only 35. “There’s a hole to climb out ...

There's nothing quite like a lobster roll on a seaside dock, the sound of seagulls cawing overhead. However, an authentic Maine lobster roll doesn't come cheap. On a recent trip to Portland ...

This story was updated to correct a misspelling/typo. If you're craving lobster, two metro Detroit communities are the place to be this week.Celebrating luxurious lobster, once considered low ...

Red Lobster’s new CEO knows he has a lot on his plate. The 56-year-old restaurant chain has been rocked by closures to multiple stores and a bankruptcy filing, but Damola Adamolekun is ready to ...

Friends' Lobster Cake ...

Nowhere is this more evident than in U.S. restaurant chains like Hooters, TGI Fridays, and Red Lobster, all of which have struggled in recent years. Several factors contributed to this downturn ...

Red Lobster has had a fishy few months. In May, the seafood chain filed for bankruptcy after more than 50 locations closed amid massive losses from its mayhem-making Endless Shrimp promotion.

Fox News Channel on Friday denied Donald Trump’s assertion that any of its employees wrote jokes for him to deliver this week ...