But Red Lobster is making some big changes, pulling back from deep discounting and presenting food on the plate in a more vertical fashion, in the manner of upscale restaurants, rather than with fish, rice and vegetables positioned separately on the plate.
The casual seafood chain, which changed owners on Monday, will keep popular, buffet-esque promotions -- like Endless Shrimp and Lobsterfest -- but will nix deals like two entrees for $25. - Full Article
“The largest information network in the world”: Prepare to hear that phrase out of the mouth of Twitter CEO Dick Costolo a lot in the coming months.
Costolo and his fellow executives used it four or five times on Tuesday’s second-quarter earnings call, signaling a shift in how they want the rest of the world to think about Twitter. - Full Article