A newly independent Red Lobster is betting big that surf will beat turf, at least when it comes to its new menu. The struggling chain will announce today that upcoming changes to its menu in all 705 stores will emphasize offerings from beneath the sea, removing items that stray from its history as a seafood brand.
The move comes after Red Lobster’s former parent, Darden Restaurants, sold the chain for $2.1 billion to private equity firm Golden Gate Capital. At the time of the sale this July, Darden, which also owns Olive Garden, was embroiled in a fierce battle with the activist investment fund Starboard Value.
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