Red Lobster’s new CEO Damola Adamolekun admits endless …

Oct 6, 2024 · Red Lobster’s new CEO Damola Adamolekun admitted that its $20 endless shrimp offering — which contributed to the restaurant filing for bankruptcy — stressed out employees and created “a ...

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Red Lobster’s New CEO Damola Adamolekun Admits Endless …

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Red Lobster's Endless Shrimp Is Not Coming Back, Says CEO

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Nov 12, 2024 · On Monday, new Red Lobster CEO Damola Adamolekun, 35, told TODAY that the chain's mega-popular $20 endless shrimp deal has ended permanently. It also almost ended …

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Red Lobster CEO Says Endless Shrimp Is Never Coming Back …

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What Adamolekun is doing to revive Red Lobster. Adamolekun is behind a $60 million plan to keep the seafood chain from drowning again and has started stacking his C-suite with …

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Red Lobster Is A Mess. Here’s Why The New 35-year-old CEO ... - CNN

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Oct 4, 2024 · Red Lobster’s new CEO Damola Adamolekun has big plans to turn around the restaurant chain. ... Last year, Red Lobster made $20 endless shrimp a permanent menu item …

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New Red Lobster CEO Damola Adamolekun: Endless Shrimp …

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Oct 5, 2024 · In a new CNN interview, CEO Damola Adamolekun recalled his first impression of the restaurant chain's decision to permanently add the $20 endless shrimp deal to its menu …

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New Red Lobster CEO Ditches $20 Endless Shrimp Deal After 48 …

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Sep 6, 2024 · RED Lobster’s new CEO, Damola Adamolekun, is poised to make significant changes to the seafood chain, including the end of its controversial $20 "endless shrimp" deal. …

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Red Lobster CEO Reveals Why He Scrapped $20 Endless Shrimp …

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Oct 7, 2024 · RED Lobster's new CEO has explained why he has removed the $20 endless shrimp deal from restaurant menus.Damola Adamolekun, who joined the embattled c. Jump …

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Red Lobster Looks At Bankruptcy. What About The NJ Locations?

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May 1, 2024 · Red Lobster posted an $11 million loss in the third quarter last year, and a $12.5 million loss in the fourth quarter. There are 16 Red Lobster locations in New Jersey 1271 U.S. …

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3 Leadership Books That Guided Red Lobster CEO Damola …

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6 days ago · Damola Adamolekun, CEO of Red Lobster, shares three books that influenced his career in 2024. Adamolekun was formerly CEO of P.F. Changs, which he helped generate $1 …

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FAQs about Red Lobster’s new CEO Damola Adamolekun admits endless … Coupon?

Will Red Lobster return endless shrimp deal?

Red Lobster CEO Damola Adamolekun jokingly revealed the status on the potential return of the restaurant chain's endless shrimp deal. ...

Was Red Lobster's 'endless shrimp' promotion a failure?

Red Lobster’s new CEO, Damola Adamolekun, boldly declared the “Endless Shrimp” promotion a failure, citing its significant strain on the restaurant’s operations. ...

Who is Red Lobster CEO Damola Adamolekun?

Damola Adamolekun was brought on to be the new Red Lobster CEO in August. The Nigeria native joins the company after previous corporate experience as P.F. Chang’s CEO and Chief Strategy Officer, as well as partner at the New York investment firm Paulson & Co. Contributing: Jonathan Limehouse and Amaris Encinas ...

Will Adamolekun resurrect Red Lobster?

Adamolekun, 35, snarkily revealed the reason he won't ever resurrect the ill-fated deal is that he ' knows how to do math.' He became Red Lobster's new CEO in August after the company exited Chapter 11 bankruptcy four months after filing after garnering $300 million in debt - $21 million from the shrimp alone. ...

Does Red Lobster have endless shrimp?

Red Lobster CEO: Bye bye, endless shrimp. Welcome back, hush puppies CEO Damola Adamolekun confirmed that the $20 endless shrimp deal will not be included in a revamped menu. But there are nine new items being offered, including a return of hush puppies Shrimp lovers will notice a key item missing from Red Lobster 's new menu. ...

Is Adamolekun slamming Red Lobster?

'Relevant, compelling and exciting is what we want Red Lobster to be for the future, and so we’re working on that now,' Adamolekun told TODAY this week. Some Reddit users were intrigued by what Adamolekun will do as Red Lobster's CEO, but it has not stopped them from slamming the restaurant chain. ...