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Fortress Investment Group

Coverage of Fortress Investment Group in the Nexus archive.

Earliest in view: Jun 19 · 10:00 UTCMost recent: Jun 19 · 10:00 UTC

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BUSINESSJun 19 · 10:00 UTCFOX NEWS
Red Lobster's 37-year-old CEO betting on nostalgia, AI to fuel chain's comeback after bankruptcy
Red Lobster's 37-year-old CEO Damola Adamolekun is leading a comeback strategy using nostalgia and AI after the chain filed for Chapter 11 bankruptcy in 2024. The company closed underperforming locations and has shifted focus to employee engagement and limited-time promotions like endless shrimp.