In our latest podcast, Yahoo Finance Anchor Alexis Christoforous interviews Red Lobster’s CEO Kim Lopdrup. Listen to the full episode above or subscribe to Yahoo Finance Presents on Apple Podcasts, Google Play or Stitcher.
Red Lobster, the iconic seafood chain of generations past, just had it’s 50th anniversary with plans to make some new moves, including a kitchen shake-up and plan for new revenue. The chain has seen many changes over the years, including accepting a buy-out from Olive Garden parent company Golden Gate Capital—and things are looking up. Lopdrup won’t mention any figures, but he is optimistic.
Red Lobster added new Tasting Plates and globally inspired entrees. They are exploring more delivery options and installing new kitchens to improve the way its seafood is cooked. The company also unveiled its “Seafood with Standards” platform to ensure that it serves the highest quality seafood that is sourced in a traceable, sustainable and responsible manner.
To celebrate its milestone, Red Lobster is offering 50 lucky loyal customers a year of free Red Lobster—and this is a big deal for Cheddar Bay biscuit enthusiasts. To win one of these “gold cards,” use the hashtag #RLGoldenSweepstakes. Find details about the contest here.
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