Red Lobster looking to lower price points

Amid system renovation, the seafood chain makes over menu, too

As Red Lobster ramps up the multimillion-dollar makeover of its nearly 700 restaurants, the casual-dining seafood specialist also is preparing to launch a new menu featuring several more moderately priced selections aimed at cost-conscious diners.

The Orlando, Fla.-based chain is debuting about a half-dozen new items on its lunch and dinner menus next week that expand customer choices around the $13 to $17 entrée price range. Red Lobster typically runs an all-day per-pers

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