Red Lobster faces financial struggles with over 80 U.S. locations closed and potential Chapter 11 bankruptcy looming.
The explosive growth and popularity of fast-casual chains like Chipotle and quick-service chains like Chick-fil-A over the ...
Red Lobster says it is closing nearly 50 of its restaurants in the U.S.
A group of lenders to Red Lobster Management LLC is considering bidding for assets through a potential Chapter 11 sale ...
As lease and labor costs have piled up in recent years, the chain is reportedly considering filing for bankruptcy.
Struggling Red Lobster is expected to file for bankruptcy to restructure its debt, discard long-term contracts and ...
Red Lobster mulls bankruptcy while closing 48 locations, including the one on Winchester Road. Sophia Surrett is a recent ...
Red Lobster has closed at least 50 of its restaurants around the U.S., according to CNN, weeks after speculation that the ...
Seafood chain Red Lobster — known for its cheddar biscuits and limitless shrimp — is reportedly considering a new buyer as it desperately looks to avoid bankruptcy, according to various media ...
It symobilizes a website link url. Copy Link With the chain on the verge of bankruptcy, it has become abundantly clear that Red Lobster letting customers eat all the shrimp their hearts desire was ...
Bloomberg reported on April 16 that Red Lobster is considering filing Chapter 11 bankruptcy protection. Meanwhile, an April 25 CNBC report states the iconic restaurant chain is seeking a buyer.
Now, Red Lobster is reportedly considering filing for Chapter 11 bankruptcy as it continues to reel from its financial losses. Filing for Chapter 11 may help Red Lobster terminate some of its more ...