The casual dining chain is promoting the change with a commercial featuring gospel singer Pastor Shirley Caesar ...

Adamolekun was named Red Lobster CEO of RL Investor Holdings LLC in September as a part of the company's restructuring.

A group of investors under the name RL Investor Holdings will acquire Red Lobster by the end of the month. At least nine other restaurant chains have filed for bankruptcy protection this year.

Red Lobster recently announced its exit from Chapter 11 restructuring and the completion of its acquisition by RL Investor ...

In the wake of struggles across the restaurant industry, TGI Friday's is closing a concerning amount of locations, similarly ...

Red Lobster has named Larry Konecny its chief operating officer as new CEO Damola Adamolekun continues to build his executive ...

Red Lobster’s marketing was handled by Chief Experience Officer Sara Bittorf, a specialist in turnarounds and restructurings, during the bankruptcy period. Bittorf departed the chain in September ...

Bob Baker brings more than three decades of restaurant industry experience to his new position, having held finance chief ...

The national seafood chain was acquired by RL Investor Holdings LLC at the end of the proceedings and moves forward with 30,000 employees at 545 restaurants across 44 states and four Canadian ...

After facing significant financial woes and filing for Chapter 11, Red Lobster has been cleared to exit bankruptcy and will be acquired by RL Investor Holdings LLC. Constellation Brands has been ...

Family of Ukrainian MP purchased over $1 million in Dubai real estate as Russia’s invasion intensified, raising questions ...