Restaurant chain Red Lobster has filed for Chapter 11 bankruptcy, citing high labor costs, rising rents, and, above all else, its unlimited shrimp deal. In 2023, Red Lobster announced their $20 ...
Restructuring to Optimize Real Estate Footprint and Facilitate Going Concern Sale ORLANDO, Fla., May 19, 2024 /PRNewswire/ -- Red Lobster Management LLC, along with its direct and indirect operating ...
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 voluntarily filed for Chapter 11 bankruptcy, according to a recent press release shared with ABC News. The largest seafood chain in the U.S., home to Cheddar Bay biscuits ...
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 ...