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Red Lobster’s CEO shares 3 moves he’s making to save the chain from bankruptcy
Fortune
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3/6/2025
Red Lobster’s 36-year-old CEO is sharing three bold moves he’s cooking up for the seafood chain’s comeback.
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Tech
Transcript
Display full video transcript
00:00
Red Lobster's CEO is on a mission to get the chain out of Chapter 11 bankruptcy,
00:05
and he recently shared three bold moves he's making on the Breakfast Club podcast.
00:09
First, the chain revamped its menu, including taking away a fan favorite, Endless Shrimp.
00:15
Adam Lakin says the promotion stressed out the kitchen, the servers, and hosts,
00:19
and ends up creating a lot of chaos.
00:21
He also plans on remodeling Red Lobster's 545 restaurants.
00:25
Adam Lakin explained on the podcast that they're starting small
00:28
with quick changes first, like changing the music and putting liners on tables,
00:33
and plans to increase customer service standards throughout the restaurants.
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