Red Lobster is the largest seafood restaurant chain in the United States by sales and unit count, serving fresh fish, Maine lobster, shrimp and crab legs at about 484 U.S. restaurants as of September 2026. Founded in 1968 and headquartered in Orlando, Florida, it exited Chapter 11 in September 2024 as an independent, privately held company owned by RL Investor Holdings (funds managed by Fortress Investment Group with TCW and Blue Torch), and is led by CEO Damola Adamolekun.