The seafood chain has been losing money for years. The liquidator behind the auction said more than 50 of its U.S. locations had closed. By Mike Ives If you ever wanted to buy a lobster tank and ...
Blame all-you-can eat shrimp if you want. But after taking heavy losses last year — in part because of the high cost of ...
With financially struggling Red Lobster closing restaurants across the country, fans of the seafood eatery are wondering if the Victorville location is on a future chopping block. Red ...
May 13 (UPI) --U.S.-based Red Lobster abruptly closed more than 50 of its seafood restaurants across the country on Monday, as the company is reported to be considering Chapter 11 bankruptcy ...
Struggling Red Lobster is abruptly closing at least 48 of its restaurants around the country, according to a leading restaurant liquidator. TAGeX Brands is conducting an online auction of Red ...
The American restaurant scene is undergoing a significant transformation as Red Lobster prepares to file for bankruptcy and close 99 outlets across 27 states. The chain, which has been in decline ...
Red Lobster officials shuttered dozens of restaurants Monday as the seafood chain reportedly considers a bankruptcy filing, Restaurant Business reported. Over 80 Red Lobster sites in at ...
Industry experts say the Red Lobster all-you-can-eat shrimp deal gone wrong is masking the real issues that led to the ...