Red Lobster

Red Lobster

An innovative, values-based company that focuses on providing guests the ultimate seafood dining experience and continues to grow by focusing on Great Seafood, Great People and Great Results. Learn more
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DateInvestorsAmountRound

$575m

Growth Equity VC

$6.5m

Valuation: $6.5m

Acquisition
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N/A

N/A

Bankruptcy
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N/A

$100m

Debt
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N/A

N/A

Acquisition
Total FundingCAD784m

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Red Lobster Hospitality LLC is a well-known player in the casual dining restaurant industry, primarily focusing on seafood. The company operates a chain of seafood restaurants across the United States and internationally. Red Lobster is committed to providing high-quality, traceable, sustainable, and responsibly sourced seafood to its customers. This means they ensure that their seafood is caught in ways that protect the environment and maintain fish populations.

Red Lobster serves a diverse clientele, including families, couples, and individuals looking for a casual dining experience with a focus on seafood. The market it operates in is the broader casual dining sector, which includes other well-known chains and independent restaurants. However, Red Lobster differentiates itself by specializing in seafood, which appeals to a specific segment of the dining market.

The business model of Red Lobster is straightforward. It generates revenue primarily through the sale of food and beverages in its restaurants. Customers visit Red Lobster locations to enjoy a variety of seafood dishes, from lobster and shrimp to fish and crab. Additionally, Red Lobster offers takeout and delivery services, which have become increasingly important revenue streams, especially in recent years.

Red Lobster also emphasizes its commitment to sustainability and responsible sourcing, which can attract environmentally conscious consumers. This commitment is part of their brand identity and marketing strategy, helping to build customer loyalty and differentiate them from competitors.

In summary, Red Lobster Hospitality LLC is a seafood-focused casual dining restaurant chain that serves a broad clientele in the casual dining market. It makes money by selling food and beverages in its restaurants and through takeout and delivery services. The company stands out for its commitment to traceable, sustainable, and responsible seafood sourcing.

Keywords: seafood, casual dining, restaurants, sustainability, traceable, responsible sourcing, takeout, delivery, family dining, environment-friendly.

Tech stack

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