Red Lobster has filed for Chapter 11 bankruptcy protection, continuing the process to shrink its footprint and find a buyer, the company said in a statement. The seafood chain's CEO blamed ...
Less than one week after Red Lobster closes over 93 locations around the nation, the company officially filing for Chapter 11 ...
Red Lobster, the nationwide restaurant chain known for its affordable seafood and cheddar bay biscuits, said late Sunday that it filed for Chapter 11 bankruptcy protection. In a statement, Red ...
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 has filed for bankruptcy after closing dozens of restaurants in Florida and nationwide earlier this month. The ...
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 ...
After news of a massive auction last week, Red Lobster has officially filed for bankruptcy, Nathaniel Meyersohn reports for CNN. The seafood chain is reportedly 1 billion dollars in debt and has ...
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 filed for Chapter 11 bankruptcy after it announced it would be closing dozens of stores. The seafood chain said that in order to stay financially afloat it would “reduce its ...
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 filed for Chapter 11 bankruptcy Sunday, announcing it will close a significant number of its restaurants and sell ...
Erie, Pa. (WJET/WFXP) — Less than one week after Red Lobster closed over 93 locations around the nation, the company officially filed for Chapter 11 bankruptcy late Sunday night. At this time ...