Red Lobster abruptly closed the doors to at least 50 restaurants nationwide on Monday —including a handful in New York and ...
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 is closing at more than 50 of its restaurants across the country, according to a company that helps businesses liquidate restaurant equipment. Neal Sherman, CEO of TAGeX Brands ...
Pro-Trump Americans are blaming Red Lobster's sudden mass closures on President Joe Biden's economic policies after the popular seafood chain announced nearly 50 store shutdowns. Earlier this week ...
Red Lobster has reportedly closed dozens of restaurants across the country and an online restaurant liquidator is auctioning off kitchen equipment from those locations. The liquidator, TAGeX ...
The CFO of Thai Union Group spoke to ABC News about the decision. Red Lobster has abruptly closed at least 99 locations across the country with restaurants shutting their doors in at least 27 ...
In 2003, Red Lobster ran an "Endless Crab" promotion. The all-you-can-eat deal backfired spectacularly. Red Lobster misjudged just how many seafood lovers would pour into restaurants around ...
Not even a Beyoncé shoutout can save this struggling seafood chain. On May 13, Neal Sherman, founder and CEO of liquidation firm TAGeX Brands, announced on LinkedIn that his company was ...
Red Lobster has abruptly closed dozens of restaurants across the country. A look at the restaurant chain's website reveals 87 stores temporarily closed across 27 states, with some of them having ...
In April, Bloomberg reported that the Orlando-based company was on the verge of bankruptcy while CNBC reported the restaurant ...