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Ongoing Story — 306 related articlesRed Lobster CEO Betting on Nostalgia and AI to Fuel Chain's Comeback After Bankruptcy
Red Lobster's 37-year-old CEO Damola Adamolekun plans what he calls the greatest comeback in restaurant industry history after the chain's 2024 bankruptcy. He is betting on a combination of nostalgia and artificial intelligence to revitalize the brand and attract customers. This strategy represents a significant pivot for the struggling chain, leveraging modern tech solutions alongside traditional brand appeal.
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