Endless Shrimp
Coverage of Endless Shrimp in the Nexus archive.
- Red Lobster’s disastrous ‘Endless Shrimp’ deal was owner’s scheme to squeeze profits: lawsuit
Red Lobster's $20 'Endless Shrimp' deal, which led to bankruptcy, is alleged in a lawsuit to have been a scheme by its owners to squeeze profits, rather than a failed experiment.
- Red Lobster's 37-year-old CEO betting on nostalgia, AI to fuel chain's comeback after bankruptcy
Red Lobster's 37-year-old CEO Damola Adamolekun is leading a comeback strategy using nostalgia and AI after the chain filed for Chapter 11 bankruptcy in 2024. The company closed underperforming locations and has shifted focus to employee engagement and limited-time promotions like endless shrimp.
- Longest-running Red Lobster location in America is closing after 56 years
Red Lobster's oldest continuously operating location in Tallahassee, Florida, is closing after 56 years due to financial struggles, including the fallout from its permanent Endless Shrimp promotion and a 2014 real estate deal. The company, which emerged from bankruptcy in 2024, has introduced new leadership and menu changes under CEO Damola Adamolekun.
- Red Lobster brings back popular meal deal blamed for 2024 bankruptcy - and diners are already finding ways to stretch it further
Red Lobster has brought back a popular meal deal that was previously blamed for contributing to its bankruptcy in 2024. Diners are finding ways to stretch the deal further. The move may impact Red Lobster's financial situation.