Red Lobster Reserve Table (2024)

FAQs

Do Red Lobster servers make a lot? ›

$21,500 is the 25th percentile. Salaries below this are outliers. $36,000 is the 75th percentile.

Endless shrimp was an annual limited-time offer for Red Lobster for 20 years. But Thai Union saw it as a way to sell off the mountains of shrimp it was catching and made it a permanent menu item instead.

This wasn't my first time eating at a Red Lobster. When I've gone in the past, it's been on the weekend. Now, here I was — on an otherwise dull Monday night — prepared to eat my weight in bottomless shrimp at a Times Square chain restaurant. Red Lobster's Endless Shrimp has quite the reputation.

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Red Lobster / Customer service

Yes, both hosts and table cleaners at Red Lobster are compensated with tip share, so the servers tip out at the end of every shift.

Endless shrimp alone didn't doom Red Lobster. The American poster child for seafood was dragged down by a range of factors, say former leaders at the chain and restaurant analysts — including handoffs between a mix of investors and corporate parents and Thai Union's mismanagement.

The Endless Shrimp promotion, which allowed people to eat unlimited shrimp for $20, was simply "too popular, and Red Lobster was unprepared for its customers' insatiable lust for discounted shellfish," said CNN. As a result, the company lost millions.

The deal was once again too popular, and Red Lobster was unprepared for its customers' insatiable lust for discounted shellfish. Red Lobster's major shareholder Thai Union, a Bangkok-based canned seafood company, lost $11 million.

In 2014, Darden sold off Red Lobster to Golden Gate Capital, a private equity firm, for $2.1 billion. Since 2020, seafood distributor Thai Union Group, based in Thailand, has been the largest Red Lobster shareholder. Thai Union owns 49% of the company.

What is Walt's favorite shrimp at Red Lobster? ›

Hand-breaded, butterflied and lightly fried—just the way Chef Walt liked them. Served with co*cktail sauce and choice of sides.

Ultimate Endless Shrimp℠ features enticing shrimp choices sure to satisfy everyone's cravings, like: Garlic Shrimp Scampi – Hand-crafted garlic shrimp scampi, oven-broiled in a garlic butter sauce. Coconut Shrimp – Tossed in flaky coconut and fried golden brown. Served with Red Lobster's signature piña colada sauce.

Red Lobster's sales began declining and Darden prioritized investments in its other brands. Darden soon faced pressure from activist investors pushing the company to split in two. Darden responded to activist pressure by announcing plans in 2013 to sell Red Lobster, separating the chain from the rest of its business.

He cut a deal with Golden Gate to sell Red Lobster for $2.1 billion, and touted a rich valuation at 9x EBITDA. Two caveats here: Red Lobster's EBITDA of $230 million was shrinking. And, Otis threw all of the Red Lobster real estate into the deal.

Red Lobster's CEO got his own inside scoop on the bankrupt restaurant chain before taking over. He revealed that he dined at some locations as he considered the job. Damola Adamolekun is spearheading a new era for the struggling seafood restaurant, but he first needed to witness the establishment himself.

Okay workplace

Overall wasn't horrible as a first job, but not good pay if you're not sixteen. Hosts get paid 12$ an hour without tip out.

Average Red Lobster Server hourly pay in Florida is approximately $19.81, which is 25% above the national average.

Red Lobster declared bankruptcy Monday — punctuating a five-year chapter marked by traffic declines, inconsistent sales and dwindling cash. The restructure will result in a leaner company, smaller menu and better capital structure, per a plan laid out in a court filing by CEO Jonathan Tibus.

The dress code for Red Lobster employees is professional, neat, and conservative. It includes a white collared shirt, a black or khaki long-sleeved shirt, black or khaki pants, and closed-toe shoes.