In an effort to turn a sinking ship around, America's beloved seafood chain filed for bankruptcy back in May. The company had lost its sea legs, closing dozens of locations across the U.S. after suffering millions in operating losses.
Adamolekun is breathing new life into Red Lobster, which he's called 'without exaggeration, one of the most important companies in American history.' His $70 million comeback plan addresses some of the seafood chain's shortcomings.
Adamolekun, who previously served as CEO of Asian-fusion chain P.F. Chang's, is relying on new menu items—but also truncating the menu—to help Red Lobster come out stronger after bankruptcy.
I tried the Bairdi crab recently, which is a variation on the snow crab, and that is my new favorite,' Adamolekun said in an interview with The Wall Street Journal.
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