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 ...
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 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 ...
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 ...
The bankruptcy filing comes on the heels of Red Lobster liquidating 48 stores across the U.S. after twice as many closed. Orlando-based restaurant chain Red Lobster Management LLC, and its related ...
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 ...
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’s bankruptcy filing in Florida details how the restaurant chain has struggled in various ways, including a 30% ...
Flavor Flav is determined to keep Red Lobster afloat - buying every dish on the menu to help the struggling seafood chain.