Who says global warming doesn’t have an upside? One of the unpredictable effects of changing sea temperatures appears to be a radical rise in lobster populations. As a result the price of lobster has ...

Red Lobster introduced a $20 all-you-can-eat shrimp promotion that backfired. Execs said the chain underestimated the response to the "very cheap" deal, which led to losses. Diners are facing sticker ...

PORTLAND, Maine - A glut has driven down lobster prices in Maine - bringing cheer to lobster-loving consumers at the start of the state's tourist season but gloom among lobstermen. Retailers have been ...

Among seafood restaurants, the prices at Red Lobster are shockingly low. Sure, you can get cheaper fish at Long John Silver's or in a McDonald's sandwich, but for sit-down seafood, Red Lobster is one ...

Red Lobster's parent company, Thai Union Group, disclosed earlier this month that the seafood chain took an unexpectedly large loss in the third quarter of the year because its $20 shrimp promotion ...