Archive · 17 Jun 2025
Red Lobster CEO Focuses on Revamp after Bankruptcy
Red Lobster, the seafood restaurant, is trying to get better after some hard times.
The new boss, Damola Adamolekun, is making changes like a new menu with dishes and bringing back old favorites, like hush puppies.
They are also training employees to be nicer and make customers happier.
The company is remodeling its restaurants to make them look fresher and will cost a lot of money.
The company is also getting shrimp from different places to save money and are sourcing lobster and crab locally.
The goal is to get more customers and make Red Lobster a popular place again.
Red Lobster's new CEO, Damola Adamolekun, is revitalizing the chain with a renewed focus on customer experience.
The company is seeing improved customer feedback and ratings following a menu refresh and employee training.
The menu refresh includes new dishes and the return of fan favorites like hush puppies.
Red Lobster is remodeling its restaurants, with expected renovation costs of about $500,000 or more per location.
The chain is sourcing shrimp from countries like India to avoid tariffs, while lobster and crab are sourced from the US or Canada.
- Who
- Red Lobster, led by CEO Damola Adamolekun.
- What
- Red Lobster is implementing changes to improve customer experience and revitalize the brand.
- When
- Since emerging from bankruptcy in September, with the appointment of a new CEO, and ongoing.
- Where
- Across Red Lobster's 545 restaurants, potentially starting with renovations in Atlanta.
- Why
- To attract new customers, improve customer satisfaction, and recover from financial difficulties.
- CEO
- Damola Adamolekun
- Founded
- 1968 in Florida
- Bankruptcy
- May 2024
- Restaurant Count
- 545
- Renovation Cost (per location)
- $500,000+
- Shrimp Sourcing
- India, to avoid tariffs