Red Lobster, a nationwide restaurant chain known for its affordable seafood and cheddar bay biscuits, said late Sunday that ...
The seafood chain has closed multiple locations this May. Red Lobster has voluntarily filed for Chapter 11 bankruptcy, according to a recent press release shared with ABC News. The largest seafood ...
Red Lobster is in trouble. After it filed $11 million in third-quarter operating losses, the seafood chain’s parent company has announced it will sell its majority stake. WSJ explains what went ...
Micheline Maynard has focused on the business world for much of her career. Also known as Micki, she has been a writer and editor at news organizations including The New York Times and NPR, and is ...
Red Lobster has filed for bankruptcy after closing dozens of restaurants in Florida and nationwide earlier this month. The ...
The bankruptcy filing comes on the heels of Red Lobster liquidating 48 stores across the U.S. after twice as many closed. Orlando-based restaurant chain Red Lobster Management LLC, and its related ...
May 20 (UPI) --Red Lobster, one of the largest seafood restaurant chains in the country, officially filed for bankruptcy protection in a federal Middle District of Florida. The chain said it has ...
The Orlando-based seafood chain hopes to conclude its restructuring 'quickly and efficiently.' M. Suhail / Getty Images It’s been a difficult spring for the restaurant business, which is still dealing ...
Red Lobster’s bankruptcy filing in Florida details how the restaurant chain has struggled in various ways, including a 30% ...
Flavor Flav is determined to keep Red Lobster afloat - buying every dish on the menu to help the struggling seafood chain.