Tag

Ceo Damola Adamolekun

All articles tagged with #ceo damola adamolekun

business1 year ago

Red Lobster Revives Classics and Revamps Menu Post-Bankruptcy

Red Lobster is reintroducing hush puppies to its menu as part of a broader strategy to revitalize the chain after emerging from bankruptcy. Under new CEO Damola Adamolekun, the menu has been reduced by 20% but includes nine new items, such as bacon-wrapped scallops and lobster bisque. The changes aim to attract both its traditional Baby Boomer customer base and a younger demographic, with updates to restaurant ambiance and menu offerings. The chain is now under the ownership of Fortress Investment Group, which has invested $60 million for its revival.

business1 year ago

Red Lobster Revamps Menu, Brings Back Fan Favorite Post-Bankruptcy

Red Lobster is revamping its menu under new CEO Damola Adamolekun, introducing nine new items and bringing back the popular hush puppies, which had been removed in recent years. The menu, now 20% smaller, includes dishes like bacon-wrapped sea scallops and lobster bisque. However, the Ultimate Endless Shrimp promotion has been discontinued due to cost concerns. The chain is also responding to TikTok feedback by improving its tartar sauce recipe. Despite these changes, the annual Lobsterfest will continue, promising to be bigger than ever.