Seafood restaurant chain Red Lobster has filed for Chapter 11 bankruptcy in Florida, the company said in a statement Sunday night. According to the company, it intends to use the proceedings to "drive ...
Former P.F. Chang's CEO Damola Adamolekun is set to take over Red Lobster as its CEO. Adamolekun moved to P.F. Chang's during the pandemic and pivoted its business to accommodate more to-go services.
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