Red Lobster bankruptcy forces CEO switch
Celebrity chef Andrew Gruelle speaks out about the rising costs of doing business in California as his beloved fast-food chain is forced to close 48 locations across the state. The group seeking court approval to buy Red Lobster has chosen former PF Chan CEO Damola Adamolekun to run the embattled seafood chain as it emerges […]
Ex-P.F. Chang’s CEO to take helm at Red Lobster — as bankrupt chain plans to close 23 more locations
Bankrupt seafood chain Red Lobster has appointed former PF Chan CEO Damola Adamolekun to take over the reins of the struggling chain and said it will close 23 more restaurants by the end of the week, according to a court filing on Monday. Red Lobster, which blamed its $20 all-you-can-eat shrimp promotions for its financial […]
Rare ‘cotton candy’ lobster caught by fishermen, plus Lululemon garment draws backlash
“Cotton Candy Lobsters exist in approximately 1 in 100 million specimens!” a representative for the science center told Fox News Digital in an email. (Seacoast Science Center) Welcome to the Fox News Lifestyle Newsletter. If you haven’t yet received this newsletter in your email, Subscribe here. “One in 100 million” – A rare blue and […]
Rare, 1-in-30 million orange lobster accidentally sent to Colorado Red Lobster
According to the local aquarium, an orange lobster with a very rare genetic mutation was “accidentally delivered to Colorado Red Lobster” and was about to be boiled, smeared with butter and served. Denver’s Downtown Aquarium said the rare crustacean was transported to a restaurant in Pueblo, about 110 miles south of the state capital. According […]
Milwaukee Bucks co-owner wants to save Red Lobster from bankruptcy
A Wall Street investment firm run by billionaire Milwaukee Bucks co-owner Wesley Edens could step in to save Red Lobster from bankruptcy, according to reports. Fortress Investment Group, a $48 billion private equity firm that specializes in restructuring distressed companies, is the most likely to take over the embattled casual-dining chain as it seeks to […]
Maine’s ‘Lobster Lady’ turns 104 with no plans to retire
Maine’s oldest lobster catcher just turned 104, but he has no plans to stop catching lobsters anytime soon. Virginia “Ginny” Oliver celebrated her latest big day surrounded by family in Rockland last Thursday, where she enjoyed her favorite chocolate cake and ice cream. WGME reports. Ginny, the protagonist in the children’s book The Lobster Lady, […]
Maine’s Oldest ‘Lobster Lady’ Turns 104, Refuses to Retire
Maine’s oldest active lobster catcher just turned 104, but after more than 90 years of catching crustaceans, he has no plans to retire just yet. Virginia Oliver is Catch a lobster She told a local CBS station that she was 8 years old when her father died in a boat off the coast of Rockland. […]
Red Lobster Could Close Another 135 Restaurants After Filing for Bankruptcy
Red Lobster faces having to close more than 100 more restaurants if it can’t renegotiate rents for its buildings for cheaper prices, court documents show. The seafood chain abruptly closed 93 of its roughly 700 locations in May and filed for Chapter 11 bankruptcy protection, after which it said 135 locations were “at risk of […]
Flavor Flav orders ‘whole menu’ at Red Lobster amid bankruptcy woes
Call him the flavor savior. Flavor Flav expressed his unwavering support for the struggling Red Lobster on Wednesday after the chain filed for bankruptcy. “I meant it when I said I’d do anything to help Red Lobster and save Cheddar Bay Biscuits,” the 65-year-old hip-hop legend said. Share with X Monday. “I ordered everything on […]
Red Lobster could shut down 135 more restaurants due to rent
Red Lobster is at risk of closing 135 more restaurants if it can’t renegotiate lease terms, according to bankruptcy documents filed last week. The filing lists 228 rejected lease agreements that the company warned would result in losses if continued without adjustments. According to Restaurant Business. The list of rejected leases includes several of the […]