Red Lobster was founded in 1968 in Lakeland, Florida, by Bill Darden and Charley Woodsby. The original restaurant was called The Green Frog but was later changed to Red Lobster. The company offers a casual dining experience with a focus on seafood such as king crab, shrimp, salmon, snow crab, and calamari. The company’s signature dish is popcorn shrimp. It is also well-known for its cheddar bay biscuits.
Red Lobster was sold in July of 2014 to Golden Gate Capital. It was also incorporated in 2014. The company has 705 locations throughout the U.S., Canada, Qatar, Japan, Saudi Arabia, Mexico, Brazil, and the United Arab Emirates. Red Lobster had $2.4 billion in sales in 2014.
The company became the 20th business to drop their advertising from the Tucker Carlson show due to controversial comments made regarding immigrants to the US.