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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, Hong Kong, Japan, Malaysia, Mexico, Philippines, Turkey and the United Arab Emirates; as of June 23, 2020, the company had 719 locations worldwide.
April 25, 2024 at 10:33 AM. Justin Sullivan. Beleaguered seafood chain Red Lobster is seeking a buyer as it looks to avoid filing for bankruptcy, CNBC has learned. The company has considered ...
The pandemic and labor costs aren't the only culprit of Red Lobster's declining profits. Those all-you-can-eat promotions have also caused a toll. Its $20 Ultimate Endless Shrimp deal cost the ...
Red Lobster, a popular seafood restaurant chain known for its Lobsterfest, has reportedly been considering filing for Chapter 11 bankruptcy. The restaurant first opened in Florida over 50 years ago.
Darden Restaurants sold Red Lobster to Golden Gate Capital in 2014. Thai Union, which previously had a one-fourth stake in the company, bought out Golden Gate's stake in the company in 2020.
Salli Setta. Salli Setta (born March 3, 1965) is an American restaurateur and businesswoman. She is the former President of Red Lobster and Executive Vice President of Olive Garden American restaurant chains owned by parent company, Golden Gate Capital. Setta was named president in 2013, while Red Lobster was operated by Darden Restaurants, Inc ...
Darden Restaurants, Inc. is an American multi-brand restaurant operator headquartered in Orlando, Florida. As of May 2023, the firm owns three fine dining restaurant chains: Ruth’s Chris Steak House, Eddie V's and The Capital Grille; and six casual dining restaurant chains: Olive Garden Italian Restaurant, LongHorn Steakhouse, Bahama Breeze, Seasons 52, Yard House and Cheddar's Scratch Kitchen.
Golden Gate Capital is an American private equity firm based in San Francisco. The firm makes investments in a number of select industries, including technology, financial services, retail and industrial, through leveraged buyout transactions, as well as significant minority purchases and growth capital investments.
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