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4 days ago · The Mayor says when Red Lobster was taken over by Golden Gate Capital, they sold all of their actual property & started making the stores pay rent. The Danville restaurant was paying 12 thousand dollars a month.
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5 days ago · NEW YORK — Red Lobster wants to close several dozen more restaurants following its bankruptcy, and it has identified which ones are in danger of shutting down if the court approves its plan.
3 days ago · The pitfalls of Red Lobster’s promotional strategy were further compounded by a series of strategic missteps, particularly its sale and subsequent management decisions. In 2014, Darden Restaurants sold Red Lobster to Golden Gate Capital for over $2.1 billion, a move that was part of a broader strategy to offload the struggling chain.
2 days ago · However, not all of Red Lobster's problems can be blamed on shrimp promotions and COVID-19. Business Insider spoke to retail experts who claim that the company's problems come from allowing the private equity firm Golden Gate Capital to take over the restaurant chains in 2014.
3 days ago · Red Lobster announced Monday that it has partnered with hip-hop superstar Flavor Flav, known as the co-founder of Public Enemy and the star of VH1’s influential reality show “Flavor of Love,”...
5 days ago · Beginning July 1, Red Lobster customers can order the Hall of Fame rapper's signature meal, which features Maine lobster tail, snow crab legs, garlic shrimp scampi and bacon mac & cheese.
4 days ago · Golden Corral; Hooters; Longhorn Steakhouse; 11 a.m. to 10 p.m. Red Lobster; First Watch; 7 a.m. to 2:30 p.m. Grocery stores open on July 4th. Here's which grocery stores are open on July 4. Hours ...