Red Lobster the seafood restaurant chain with 700 locations worldwide filed for Chapter 11 bankruptcy protection on May 19 ...
The 56-year-old seafood chain says inflation, bad leases and money-losing all-you-can-eat promotions forced a Chapter 11 ...
Red Lobster has filed for bankruptcy as it continues the process to shrink its footprint and find a buyer, the company said in a statement. CNBC reported last month the seafood chain was seeking a ...
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 ...
Struggling restaurant chain Red Lobster is reportedly abruptly closing at least 48 of its outlets across the US amid warnings they may file for bankruptcy. The chain has 'temporarily closed ...
The troubled Red Lobster restaurant chain is closing down at least 48 of its roughly 650 branches across the US, according to a restaurant liquidation company. Neal Sherman, the chief executive of ...
Pequeño is a breaking news reporter who covers tech and more. The contents of almost 50 Red Lobster restaurants in California, Florida, New York and more are being auctioned off by TAGeX Brands ...
The seafood chain Red Lobster, known for its cheddar biscuits and limitless shrimp, is temporarily closing four New Jersey locations — among 87 nationwide — as it desperately seeks a buyer to ...
Red Lobster misjudged just how many seafood lovers would pour into restaurants around the United States and fill up their stomachs with pounds of sweet, juicy crab legs drenched in lemon and ...
WASHINGTON — Dozens of Red Lobster locations across the country abruptly shuttered their doors on Monday. More than 90 Red Lobster locations in at least 27 states were listed as "temporarily ...
The company recently closed several stores across the U.S. Orlando-based restaurant chain Red Lobster Management LLC, and its ...