Filing for bankruptcy would allow Red Lobster to keep their business going while it reduces its debts and expenses, per Bloomberg.
Facing mounting debt and declining sales, Red Lobster mulls Chapter 11 bankruptcy. The seafood chain reportedly seeks a ...
Seafood restaurant chain Red Lobster is reportedly considering filing for Chapter 11 bankruptcy protection after significant financial blows, including an $11 million loss on endless shrimp.
Red Lobster is seeking to hook a buyer as the struggling seafood chain attempts to avoid bankruptcy, according to a report. The fast-casual chain — known for its cheddar bay biscuits and all-you ...
Red Lobster is reportedly weighing a Chapter 11 bankruptcy filing as it grapples with growing debt and major losses.
Red Lobster is considering filing for Chapter 11 bankruptcy, according to a report. The seafood chain is considering a ...
Red Lobster is seeking advice from a law firm on whether to file for Chapter 11 bankruptcy following a difficult few years ...
Red Lobster is in hot financial waters, attempting to stay afloat by eyeing Chapter 11 bankruptcy to restructure its debts ...
Red Lobster’s cash flows have been weighed down by onerous leases and labor costs, among other issues. Restructuring ...
The seafood chain Red Lobster is considering filing for bankruptcy, Bloomberg has reported. Declaring bankruptcy would allow Red Lobster to keep its business going while paring down its debts and ...