OTHER NEWS - June 25, 1993
Red Lobster Comes Out a Winner: The Irvine parent company of such eateries as Coco’s, Carrows and El Torito formally apologized to General Mills Inc. for calling the Minneapolis company’s Red Lobster seafood chain “Red Loser.” Restaurant Enterprises Group Inc. also agreed to pay an undisclosed amount to settle the trademark disparagement lawsuit filed by General Mills. Television advertising by the Irvine company had dropped the letters “b” and “t” from the Red Lobster name to show that consumers who were surveyed would rather eat seafood at Coco’s instead of Red Lobster.
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