Overview
- Red Lobster launched its 2025 Crabfest promotion featuring Mariner’s and Sailor’s seafood boils alongside seven new crab-focused dishes such as Crabby-Stuffed Mushrooms and Steak Oscar.
- The summer menu includes four limited-time cocktails – Purple Haze and STILL G.I.N. by Dre & Snoop plus Passion Star Spritz and Starry Eyed Surprise.
- The chain filed for Chapter 11 in May 2024 under nearly $300 million in debt and emerged from bankruptcy in September after restructuring and an acquisition by RL Investor Holdings LLC.
- CEO Damola Adamolekun, hired last August, has spearheaded a turnaround strategy centered on hospitality enhancements, venue remodels and expanded menu offerings.
- With over 100 closures behind it but nearly 600 restaurants remaining, Red Lobster is banking on Crabfest to attract diners and stabilize its finances.