Current:Home > ScamsRobert Brown|New Red Lobster CEO Damola Adamolekun: Endless shrimp created 'chaos' but could return -Wealth Evolution Experts
Robert Brown|New Red Lobster CEO Damola Adamolekun: Endless shrimp created 'chaos' but could return
Ethermac View
Date:2025-04-09 15:21:21
Red Lobster's new chief executive said he's had always felt dubious about the endless shrimp deal that reportedly cost the company $11 million in first quarter of its launch.
In a new CNN interview,Robert Brown CEO Damola Adamolekun recalled his first impression of the restaurant chain's decision to permanently add the $20 endless shrimp deal to its menu last year. His first thought, "That’s a very expensive product to give away endlessly."
Last year the seafood chain made all-you-can-eat shrimp a permanent menu item after two decades of offering it for a limited time. Adamolekun said the offer created mayhem at a corporate level and at restaurants themselves as customers enjoyed unlimited shrimp.
"You stress out the kitchen. You stress out the servers. You stress out the host. People can’t get a table," Adamolekun told CNN. "It creates a lot of chaos operationally."
However, he did not rule out the possibility of the deal returning in a new fashion.
"I never want to say never, but certainly not the way that it was done," Adamolekun said. "We won’t have it in a way that’s losing money in that fashion and isn’t managed."
Who is Damola Adamolekun?
Damola Adamolekun, 35, was brought on to be the new Red Lobster CEO in August.
The Nigeria native joins the company after previous corporate experience as P.F. Chang’s CEO and Chief Strategy Officer, as well as partner at the New York investment firm Paulson & Co.
He told CNN that he first tried Red Lobster at a Springfield location alongside his family on a Sunday after church. He said he hopes to restore the greatness of what he called the "first really successful casual dining chain in America at scale."
Founded by Bill Darden, Red Lobster opened in 1968 with its first location in Lakeland, Florida.
Contributing: Max Hauptman
This story has been updated to resolve a typo.
veryGood! (8)
Related
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- 2025 'Doomsday Clock': This is how close we are to self
- Average rate on 30
- Former Danish minister for Greenland discusses Trump's push to acquire island
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- Could your smelly farts help science?
- Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
Ranking
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- Could your smelly farts help science?
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- 2 killed, 3 injured in shooting at makeshift club in Houston
Recommendation
Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
The Super Bowl could end in a 'three
Biden administration makes final diplomatic push for stability across a turbulent Mideast
EU countries double down on a halt to Syrian asylum claims but will not yet send people back
'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
A South Texas lawmaker’s 15