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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.
Red Lobster was forced to close many US locations due to its endless seafood deals, such as shrimp, becoming permanent menu items. At the time, the chain explained it was filing for bankruptcy to ...
Red Lobster, known for its affordable seafood and cheddary biscuits, has exited Chapter 11 bankruptcy protection. A U.S. bankruptcy judge approved the casual seafood chain’s reorganization plan ...
However, Red Lobster went on to report approximately $11m in operating loss for their third quarter 2023. In their fourth quarter, they went on to lose $12.5m in operating losses, according to the ...
Red Lobster cut costs, removed longtime suppliers and implemented strategies that backfired, such as making $20 endless shrimp a permanent menu item. The chain lost $11 million on the endless ...
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 ...
Kelli Valade. Kelli Valade (born October 11, 1969) is an American businesswoman who was formerly the chief executive officer of Red Lobster. Previously, she was the CEO and president of Black Box Intelligence (formerly TDn2K) [1] (Transforming Data into Knowledge). She is the former brand president of Chili's Grill & Bar and former executive ...
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