Dossier
RL Investor Holdings LLC
Coverage of RL Investor Holdings LLC in the Nexus archive.
- 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.