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55°
Monday, dec 30
Tag:
Restaurant chain
Lifestyle
New Long Island Restaurant Cited For ‘Fresh, Delicious’ Fare
A new restaurant on Long Island serving seafood and cocktails is earning high praise from diners. Sexy Crab – located in Hicksville at 828 South Oyster Bay Road – held its grand opening in late September 2024. It marks the second Long Island spot for the restaurant chain, which touts itself as having “the freshest and most flavorful Cajun seafood” around. View this post on Instagram A post shared by Sexy Crab Levittown, NY (@sexycrabnewyork) The menu features a mouthwatering array of shrimp, crab, lobster tails, clams, and crawfish, to name …
Business
Red Lobster Revival? Restaurant Chain Exits Bankruptcy With $60M In Funding, New CEO
Four months after its Chapter 11 filing, restaurant chain Red Lobster says it has exited bankruptcy led by new management. The company announced on Monday, Sept. 16 that it's been acquired by lender group RL Investor Holdings with $60 million in new funding backed by Fortress Investment Group. Damola Adamolekun, former chief executive officer at Asian fusion casual dining chain P.F. Chang’s, is now running Red Lobster. The move comes after the chain, founded in 1968, abruptly closed dozens of locations earlier this year. It still has 544 locations across 44 US states and four provinces in…