Analysis

Red Lobster CEO: 'Without question the most challenging time in our 52 years of operation'

'These decisions have not been taken lightly and are extremely painful, but they are necessary to ensure we survive this crisis and are around to re-open our doors once it passes,' said Kim Lopdrup, CEO of Red Lobster.

Red Lobster is feeling the full impact of the collapse of the foodservice sector as a result of the coronavirus outbreak.
Red Lobster is feeling the full impact of the collapse of the foodservice sector as a result of the coronavirus outbreak.Shutterstock
Published 17 April 2020, 22:15Updated 20 April 2020, 17:07
FoodserviceRed LobsterKim LopdrupCOVID-19