Post job

Red Lobster company history timeline

1968

By 1968, Darden had developed plans to launch his own seafood kitchen, and the first Red Lobster restaurant opened its doors in Lakeland, Fla.

1970

Despite only existing for two years, the partners sold Red Lobster — the entire chain — in 1970.

In 1970, General Mills (the same company that makes Pillsbury cinnamon rolls and Cheerios) was looking to expand into the restaurant market, and Red Lobster seemed like a promising scoop.

1973

In 1973, entrepreneur John L. Williams purchased a Quality Inn in Adel, Georgia, which also made him the landlord of the attached (and successful) Green Frog restaurant.

1979

And neither of them are associated with Fishbone, who started in 1979.

1981

The original Green Frog closed in Waycross in 1981.

1983

Bill Darden stayed on with General Mills until 1983.

1988

Can you imagine a trip to Red Lobster without a few baskets of the famed Cheddar Bay Biscuits? The legendary biscuits were first introduced in 1988 as an alternative to the restaurant’s hushpuppies.

1994

After his death in 1994, General Mills hatched a plan to create a new company for their restaurant arm.

1998

According to ABC News, Darden Group started funding the Australian Research Council's work in developing lobster farming programs way back in 1998, and it took a pretty shocking 16 years before researchers were able to raise lobsters in captivity.

2002

In 2002, they only allowed 172 million pounds of snow crab to be caught.

2003

In 2003, Red Lobster held a $20 Endless Snow Crab promotion, similar to Endless Shrimp.

2012

Darden Restaurants announced its plans to create Darden Aquafarm, the world’s first commercial lobster fishery, in 2012.

2013

Just a fluke? A group from The Huffington Post tried it in 2013, and one person alone downed a staggering 101 shrimp.

Darden Restaurants announced its decision to sell Red Lobster and all 705 locations in 2013.

2014

With Endless Shrimp being most definitely endless, you'd think that was the flaw in their business plan. It wasn't, and when Red Lobster flailed in 2014, it wasn't because of the quantity of shrimp they went though, it was because of their costs.

2015

The Center for Science in the Public Interest’s 2015 Xtreme Eating Awards named one of Red Lobster’s “Create Your Own Combination” meals as one of the worst things you could be eating.

2016

In 2016, Golden Gate Capital accepted minority ownership from Thai Union Group PCL to the tune of $575 million.

Work at Red Lobster?
Share your experience
Founded
1968
Company founded
Headquarters
Company headquarter
Founders
Bill Darden,Charley Woodsby
Company founders
Get updates for jobs and news

Rate Red Lobster's efforts to communicate its history to employees.

Zippia waving zebra

Red Lobster jobs

Do you work at Red Lobster?

Is Red Lobster's vision a big part of strategic planning?

Red Lobster competitors

Red Lobster history FAQs

Zippia gives an in-depth look into the details of Red Lobster, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Red Lobster. The employee data is based on information from people who have self-reported their past or current employments at Red Lobster. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Red Lobster. The data presented on this page does not represent the view of Red Lobster and its employees or that of Zippia.

Red Lobster may also be known as or be related to Red Lobster, Red Lobster Hospitality LLC, Red Lobster Hospitality Llc and Red Lobster Management LLC.