Copyright 2024 The Associated Press. All Rights Reserved. A Red Lobster restaurant is seen in Schaumburg, Ill., Monday, May 20, 2024. Red Lobster is seeking ...
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 ...