Red Lobster said it will use the bankruptcy proceedings to simplify its operations, close restaurants and pursue a sale. As ...
Red Lobster, the casual dining chain that brought seafood to the masses with inventions like popcorn shrimp and “endless” seafood deals, has filed for Chapter 11 bankruptcy protection. The 56-year-old ...
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 ...
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as the chain seeks protection from creditors. Red Lobster is now hoping to be purchased by those creditors after its major shareholder, seafood supplier Thai Union, pulled support from the brand. In ...
Red Lobster is abruptly closing dozens of restaurantsRed Lobster seeks bankruptcy protection days after closing dozens of ...