In 2003, Red Lobster ran an "Endless Crab" promotion. The all-you-can-eat deal backfired spectacularly. Red Lobster misjudged just how many seafood lovers would pour into restaurants around the United ...
TikToks of customers stuffing their faces with a $20 endless shrimp. More than 100 restaurant closures and thousands of layoffs. A revolving door of CEOs. Chapter 11 bankruptcy. Damola Adamolekun, the ...
Red Lobster, America's largest seafood chain known for its shrimp and Cheddar Bay biscuits, has filed for bankruptcy. Its seafood restaurants are in hot water after a series of bad choices by a parade ...