Last week, Red Lobster suddenly closed at least 48 locations nationwide. Now, according to a press release issued on May 19, 2024, the longstanding casual seafood restaurant chain has officially filed ...
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 officially filed for Chapter 11 bankruptcy in Florida on Sunday, the company said in a statement Sunday night. The seafood chain has entered into a "stalking-horse purchase ...
Restaurant chain Red Lobster has filed for Chapter 11 bankruptcy, citing high labor costs, rising rents, and, above all else, its unlimited shrimp deal. In 2023, Red Lobster announced their $20 ...
Restructuring to Optimize Real Estate Footprint and Facilitate Going Concern Sale ORLANDO, Fla., May 19, 2024 /PRNewswire/ -- Red Lobster Management LLC, along with its direct and indirect operating ...