Red Lobster is expected to file for bankruptcy as early as next week, after recently announcing the closure of dozens of restaurants across the US, according to a report. The beleaguered seafood ...
Red Lobster is expected to file for bankruptcy by the end of the month, according to a new report, which came soon after the seafood restaurant chain abruptly closed dozens of locations.
Struggling seafood restaurant chain Red Lobster is preparing to file for bankruptcy next week after abruptly closing at least 48 of its outlets across the US. Red Lobster is expected to ...
Red Lobster has filed for Chapter 11 bankruptcy, according to a statement released Sunday. The seafood chain's troubles include failed all-you-can-eat snow crab and shrimp promotions. Despite its ...
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 ...
Red Lobster could file for bankruptcy as early as next week as it looks to cut its debt and continue operating, according to the Wall Street Journal, which cited people familiar with the matter. The ...
Seafood restaurant chain Red Lobster is closing dozens of locations nationwide as the company struggles to stay above water. An announcement released earlier this week indicated the company would ...
Editor's note: On May 19, Red Lobster confirmed it has filed for Chapter 11 bankruptcy. Nearly 580 of its restaurants will remain open through the restructuring process. In a press release announcing ...
Red Lobster is reportedly considering filing for bankruptcy. Amid the restaurant’s financial concerns, attention has been placed on Red Lobster’s previous deals, which some suggest may have ...
Red Lobster could file for Chapter 11 bankruptcy protection next week, per The Wall Street Journal. The restaurant chain, burdened with hundreds of millions in debt, recently shut down 52 stores.
Red Lobster, the casual dining chain that brought seafood to the masses with inventions like popcorn shrimp and “endless” seafood deals, has filed for Chapter 11 bankruptcy protection.