Red Lobster has yet to issue a public statement explaining why at least 48 of the company's restaurants were abruptly closed to the public in Monday amid reports of financial difficulties.
The bankrupt seafood chain is in the process of renegotiating leases on dozens of restaurants, including one in the heart of ...
The Florida-based seafood chain, which won fans with inventions like popcorn shrimp and “endless” seafood deals, has been ...
The struggling seafood chain already closed nearly 100 restaurants last month ahead of its momentous bankruptcy filing.
Bankruptcy filings list 228 rejected leases that the company has flagged as money-losing propositions if they continue ...
Seafood restaurant chain Red Lobster will file for bankruptcy next and close 50 stores. According to media reports, the contents of those stores will be liquidated. The decision was made because ...
The 570-unit seafood chain already closed nearly 100 locations before filing for bankruptcy in May. But it may have to close ...
WASHINGTON — After abruptly shuttering dozens of locations nationwide, Red Lobster is now liquidating equipment and furniture from nearly 50 stores. Liquidation company TAGeX Brands announced ...