The shrimp-ly irresistible deal left customers shell-shocked when the restaurant chain unexpectedly shuttered nearly 100 ...

Red Lobster’s new CEO recalled the ‘chaos’ created by the $20 endless shrimp promotion that propelled the company toward ...

Damola Adamolekun told the Wall Street Journal that while the promotion put the seafood chain over the edge, a history of ...

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

The 35-year-old Red Lobster CEO Damola Adamolekun admits the $20 endless shrimp campaign was the main cause of the seafood chain's Chapter 11 bankruptcy.

Red Lobster filed for bankruptcy back in May of this year and in August they announced the appointment of Damola Adamolekun ...

Damola Adamolekun says the company’s endless shrimp offering hurt “one of the most important companies in American history.” ...

Now Damola Adamolekun, the company’s new CEO, is shedding light on what led to the crisis and the decision to drop the ...

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 ...

Red Lobster's new chief executive said he's had always felt dubious about the endless shrimp deal that reportedly cost the company $11 million in first quarter of its launch. In a new CNN ...