Red Lobster CEO Warns More Restaurant Closings Are Coming

The Red Lobster restaurant chain is possibly considering closing more sites as a cost-cutting maneuver, according to its CEO Damola Adamolekun, per The Wall Street Journal, The chain still has not fully regrouped after its bankruptcy two years ago, when it shuttered approximately 130 locations. The situation seems to still be evolving. “There’s a lot […]
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