The casual dining chain is promoting the change with a commercial featuring gospel singer Pastor Shirley Caesar ...

Adamolekun was named Red Lobster CEO of RL Investor Holdings LLC in September as a part of the company's restructuring.

A group of investors under the name RL Investor Holdings will acquire Red Lobster by the end of the month. At least nine other restaurant chains have filed for bankruptcy protection this year.

Red Lobster recently announced its exit from Chapter 11 restructuring and the completion of its acquisition by RL Investor ...

In the wake of struggles across the restaurant industry, TGI Friday's is closing a concerning amount of locations, similarly ...

Red Lobster has named Larry Konecny its chief operating officer as new CEO Damola Adamolekun continues to build his executive ...

Bob Baker brings more than three decades of restaurant industry experience to his new position, having held finance chief ...

The national seafood chain was acquired by RL Investor Holdings LLC at the end of the proceedings and moves forward with 30,000 employees at 545 restaurants across 44 states and four Canadian ...

The Orlando, Florida-based seafood chain has been acquired by RL Investor Holdings, LLC. "Red Lobster is now a stronger, more resilient company, and today is the start of a new chapter in our ...

After facing significant financial woes and filing for Chapter 11, Red Lobster has been cleared to exit bankruptcy and will be acquired by RL Investor Holdings LLC. Constellation Brands has been ...

Such stocks may have less potential upside than illiquid holdings, but they are easier to trade during market downturns. Compared with category peers, the strategy also had more exposure to the ...