The seafood restaurant chain said in a court filing that it has more than 100,000 creditors and estimated assets between $1 ...
Red Lobster mulls bankruptcy while closing 48 locations, including the one on Winchester Road. Sophia Surrett is a recent ...
Red Lobster's business operations have been shaky for years, including turnover at CEO and losses from its Ultimate Endless Shrimp promotion. Orlando-based Red Lobster Hospitality LLC — once a ...
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 ...
It’s been a rocky past couple of years for the restaurant business. First hit by Covid, which largely shut down most dine in establishments in an effort to implement social distancing, a lot of ...
Seafood restaurant Red Lobster is seeking a buyer as it looks to avoid filing for bankruptcy. The longtime chain, known for its cheddar bay biscuits and unlimited shrimp, has been considering ...
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 ...
The famous seafood chain lost $11m on a disastrous ‘endless shrimp’ deal. But bankruptcy documents and former employees ...