Business
Seafood restaurant chain Red Lobster is mulling a Chapter 11 bankruptcy filing as it looks to restructure its debt, according to people with knowledge of the matter.
April 17, 2024
Food
Red Lobster has been making a concerted effort lately to stay on top of the latest dining trends, and last month the chain rolled out some new menu items that are definitely trendy: Tasting Plates and Globally-Inspired entrées.
Jan. 2, 2018
If you’re sitting in your apartment and dreaming of Red Lobster’s Ultimate Feast but don’t actually want to leave the house to experience that bounty of Maine lobster tail, snow crab legs, shrimp scampi, fried shrimp, and sweet, sweet Cheddar Bay Biscuits, you’re now in luck: As of today, you can order the full Red Lobster menu directly to your door via GrubHub if you’re within the Times Square location’s delivery range.
Oct. 23, 2017
General Mills to Close 27 Red Lobster Restaurants: The company said it has closed 27 Red Lobster restaurants, including some operations in Southern California, as part of a restructuring to improve profit.
May 25, 1993
Red Lobster Comes Out a Winner: The Irvine parent company of such eateries as Coco’s, Carrows and El Torito formally apologized to General Mills Inc. for calling the Minneapolis company’s Red Lobster seafood chain “Red Loser.”
June 25, 1993
Darden Restaurants Inc. has agreed to sell its Red Lobster seafood chain to San Francisco private equity firm Golden Gate Capital for $2.1 billion, flouting the warnings of some of its shareholders.
May 16, 2014
Darden Restaurant Inc. has agreed to sell its Red Lobster seafood restaurant chain to San Francisco private equity firm Golden Gate Capital for $2.1 billion, flouting the warnings of some of its shareholders.
Restaurant Enterprises Group Inc. agreed Thursday to apologize to food giant General Mills Inc., pay unspecified compensation and yank TV ads claiming that fish served at REG’s Coco’s restaurants tastes better than that of Red Lobster, a General Mills subsidiary.
Darden Restaurants Inc., the largest full-service restaurant company in the world, suffered a 19.6% plunge in profit as its two largest brands – Red Lobster and Olive Garden – continued to struggle with depressed sales and foot traffic.
March 21, 2014
Advertiser: Red Lobster restaurants Agency: Euro RSCG Tatham, Chicago Challenge: Give Red Lobster a fresh image that distinguishes it from other mid-price restaurant chains.
Oct. 16, 1997