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The Latest Breaking News from Red Lobster

What Happened to Smokey Bones? Inside the BBQ Chain's Chapter 11 Bankruptcy and Sudden Nationwide Closures

Smokey Bones BBQ chain closes multiple US locations on 28 April 2026, amid Chapter 11 bankruptcy by parent companies Fat Brands and Twin Hospitality, affecting states like Ohio, Rhode Island, and New York.

International Business Times UK

Red Lobster Revives 'Endless Shrimp' Deal at Higher Price Point After Millions in Bankruptcy Losses

Red Lobster's 'Endless Shrimp' returns at $24.99 to $29.99 after the $20 version caused $11 million in losses. Former servers warn the revival risks repeating history.

International Business Times UK

Red Lobster brings back its endless shrimp deal despite last round nearly driving chain out of business

The endless shrimp menu item was cited in the company’s 2024 bankruptcy filings

The Independent UK

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Red Lobster is reportedly bringing back Endless Shrimp 2 years after the CEO vowed it would never return

Red Lobster is reportedly exploring a limited-time version of the Endless Shrimp promotion that could start as early as this month.

Fortune

Shark Tank’s Daymond John revealed the rapper Ice-T taught him to quit cutting corners at work because 'the time you think you saved today becomes the wall you face tomorrow'

“Since Ice-T shared it with me, I’m sharing it with you: ‘Cutting corners doesn’t move you forward. It just keeps you going in circles,’” Shark Tank’s Daymond John warns.

Fortune

Jeff Bezos Reveals the Root of Anxiety in People and a Simple Way to Make it Go Away

Jeff Bezos, who started Amazon in a rented garage and took 60 meetings to raise $1 million, shares how he turns anxiety into motivation to solve problems.

International Business Times UK

Red Lobster’s comeback plan includes more closures, CEO reveals

Taking the helm in September 2024, Red Lobster CEO Damola Adamolekun helped claw the seafood chain out of bankruptcy

The Independent UK

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‘We inherited a very damaged brand’: Red Lobster CEO says the seafood chain could kill more locations and menu items to stay afloat

Damola Adamolekun believes Red Lobster can have the “greatest comeback in the history of the restaurant industry.”

Fortune

Red Lobster’s 36-year-old CEO led the company after bankruptcy. Now he’s plotting the ‘greatest comeback in the history of the restaurant industry’

“Of course it’s risky,” Damola Adamolekun told Fortune’s Ruth Umoh. “I took over a company that’s bankrupt and had a lot of problems.”

Fortune

Christmas 2025: Restaurants open on holiday include Red Lobster, McDonald's, Denny's, IHOP

Few national restaurant chains are open Christmas but expect to find local Chinese restaurants serving.

Axios

Red Lobster CEO Damola Adamolekun says the key to being a better leader is being a better person: ‘Leadership is self-improvement’

“The problem is most people are sensitive, and they don’t want to be criticized,” he said.

Fortune

Affordability isn’t enough. Fast casuals need a fandom-first approach

In today’s experience economy, people don’t just choose meals; they choose meaning. Chains function less like restaurants and more like sports teams.

Fortune

Hooters CEO says private equity turned it into a 'boys club hangout'—Now he's plotting a family-friendly makeover

“It's a beach-theme restaurant,” Neil Kiefer said.

Fortune

Has Red Lobster Really Changed For The Better? Not If You’ve Tasted Their Food

Red Lobster emerged from bankruptcy with promises of a fresh start. New owners. New management. A renewed commitment to quality. But if you’ve actually eaten there recently, you know the truth tastes different than the press releases. Red Lobster’s food quality has declined significantly, leaving it a shadow of its…

Grocery Coupon Guide

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Fortune

McDonald’s CEO Chris Kempczinski reveals how often he eats at the fast-food chain

“Sometimes it might be a breakfast. Sometimes it might be a lunch. But hey, one of the perks of the job—you get to eat at McDonald’s a lot.”

Fortune

Red Lobster’s 36-year-old CEO led the company after bankruptcy. Now he’s plotting the ‘greatest comeback in the history of the restaurant industry’

“Of course it’s risky,” Damola Adamolekun told Fortune’s Ruth Umoh. “I took over a company that’s bankrupt and had a lot of problems.”

MarketBeat

SoundHound Breaks Critical Resistance: How High Can It Get Now?

SoundHound AI is on track to retest its all-time high but may not achieve it until late in the year, following the release of its Q3 earnings report.

Barchart

From $4 to $16 in Just One Year, This Growth Stock Is Unstoppable

Once a penny stock, SOUN stock has quadrupled in value due to booming demand for conversational AI.

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news in one place.

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Grocery Coupon Guide

7 Things You Should Know About The “New and Improved” Red Lobster

The new Red Lobster is trying hard to shed its image as a struggling chain. After exiting Chapter 11 bankruptcy, it’s rolling out big changes in menus, ambiance, technology, and value. But not everything about the reboot is transparent or as smooth as it sounds. Whether you’ve long been a…

Benzinga

Why SoundHound AI Stock Is Surging Today

Shares of SoundHound AI Inc (NASDAQ:SOUN) are gaining traction on Tuesday after the company announced a collaboration with Red Lobster.

Barchart

SoundHound AI Just Announced a Tasty Deal With Red Lobster. Does That Make SOUN Stock a Buy?

SoundHound stock rallies as the voice AI company announces a partnership with Red Lobster. Here’s how the new deal helps dilute the valuation overhang on SOUN shares.

The Independent UK

Red Lobster brings back shrimp deal - but with one key difference

IN FULL

The Independent UK

Red Lobster introduces new shrimp deal a year after bankruptcy caused by disastrous bottomless offer

The fast food chain closed 129 locations after filing for bankruptcy last year

Fortune

How Red Lobster’s CEO weighs the risks and rewards of a turnaround role

Red Lobster chief Damola Adamolekun explains the career calculus behind saying yes to leading companies in crisis.

Reason

Cracker Barrel's New Logo Isn't 'Woke' and It's Not the Reason the Company Is Struggling

The company's value was plummeting long before it nixed the "Old Timer" from its logo.

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