Red Lobster seafood restaurant dishes

Red Lobster is an iconic American casual dining chain specializing in seafood, famously known for its Cheddar Bay Biscuits and fresh lobster offerings. Founded in 1968 by Bill Darden and Charley Woodsby in Lakeland, Florida, the brand quickly became a staple of the American dining landscape, bringing accessible seafood to inland markets across North America.

The brand has undergone several major ownership transitions throughout its history. Originally acquired by General Mills in 1970, it was later spun off into Darden Restaurants. In 2014, Red Lobster was sold to Golden Gate Capital. However, following financial restructuring and a filing for Chapter 11 bankruptcy in 2024, the company transitioned to new ownership to ensure its long-term viability.

As of 2024 and looking toward 2026, Red Lobster is owned by RL Investor Holdings LLC, a consortium led by the investment firm Fortress Investment Group. This ownership group, headquartered in the United States, focuses on stabilizing the brand's operations and supply chain. While the brand originated in the U.S., its supply chain for seafood is global, sourcing ingredients from various international waters to maintain its diverse menu.