Red Lobster’s new CEO plans to revamp the seafood restaurant brand
Who is the new Red Lobster CEO? In 2020, the Nigerian-born Adamolekun became the first Black CEO of the Asian restaurant chain P.F. Chang’s, staying in that role until December ...
USA Today10d
On the Border closing more than 70 restaurants after filing for bankruptcy: See list
OTB Holdings Chief Restructuring Officer Jonathan Tibus said the company had been affected by "macroeconomic factors." "On The Border has been weighed down in recent years by macroeconomic factors ...
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The Real Reasons Red Lobster Went Bankrupt
Red Lobster attempted to stay current over the years by adding new menu offerings such as "lighter seafood dishes to cater to health conscious consumers," according to company CEO Jonathan Tibus ...
Journal Star25d
How Red Lobster’s new CEO plans to revamp the seafood restaurant brand
Former Red Lobster chief executive officer Jonathan Tibus said the chain’s "Ultimate Endless Shrimp" promotion resulted in an $11 million loss for the company. The COVID-19 pandemic also played ...