His first major step towards rescuing Red Lobster is to eliminate one of its most iconic menu items: $20 endlessshrimp, which was first launched in 2004. The company lost an estimated $20 million ...
When one of America’s most important restaurant chains filed for bankruptcy earlier this year, we thought it would the end of the Cheddar Bay Biscuit. But after hiring a new CEO, 35-year-old ...
In May, Red Lobster filed for bankruptcy after more than 50 locations closed amid massive losses from its too-popular EndlessShrimp promotion. Then in August, the seafood chain reeled in a new ...
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