Red Lobster is expected to file for bankruptcy as early as next week, after recently announcing the closure of dozens of restaurants across the US, according to a report. The beleaguered seafood ...
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 ...
Red Lobster is expected to file for bankruptcy by the end of the month, according to a new report, which came soon after the seafood restaurant chain abruptly closed dozens of locations.
Red Lobster has filed for Chapter 11 bankruptcy, according to a statement released Sunday. The seafood chain's troubles include failed all-you-can-eat snow crab and shrimp promotions. Despite its ...
The CFO of Thai Union Group spoke to ABC News about the decision. Red Lobster has abruptly closed at least 99 locations across the country with restaurants shutting their doors in at least 27 states.
Red Lobster hired a liquidation company on short notice before unexpectedly closing dozens of locations this week — and is expected to file for bankruptcy as early as Monday, The Post has learned.
The troubled Red Lobster restaurant chain is closing down at least 48 of its roughly 650 branches across the US, according to a restaurant liquidation company. Neal Sherman, the chief executive of ...
Seafood restaurant chain Red Lobster is closing dozens of locations nationwide as the company struggles to stay above water. An announcement released earlier this week indicated the company would ...
Struggling seafood restaurant chain Red Lobster is preparing to file for bankruptcy next week after abruptly closing at least 48 of its outlets across the US. Red Lobster is expected to ...
Red Lobster Mulls Possible Bankruptcy Filing Amid Debt And Rising Labor Costs FILE PHOTO: ROHNERT PARK, CALIFORNIA: Red Lobster has closed more than 50 of its restaurants nationwide as it ...