Search results
Results From The WOW.Com Content Network
Red Lobster said that it had more than $1 billion in debt and less than $30 million in cash on hand. It plans to sell its business to its lenders, and in turn, it will receive financing to stay ...
Red Lobster plans to close nearly two dozen more restaurants in coming days as the bankrupt seafood chain prepares to be acquired. Known for its affordable seafood and cheddar bay biscuits, the ...
Roughly two dozen more Red Lobster locations are scheduled to close within the coming days as part of the seafood restaurant chain’s ongoing bankruptcy proceedings.. A recent court filing shows ...
Red Lobster, which had announced it was restructuring after declaring bankruptcy earlier this year, will close 23 stores according to a recent court filing. This is in addition to more than 100 ...
Red Lobster has been open since 1968 and is currently America’s largest seafood chain, but it has faced more than a few financial setbacks in recent times. In November 2023, Red Lobster ...
Red Lobster at 6231 Sunrise Blvd. in Citrus Heights was still open as of Tuesday. The restaurant operates from 11 a.m. to 10 p.m. Sunday through Thursday, closing at 11 p.m. on Friday and Saturday.
The all-you-can-eat menu option was previously a time-limited promotional offer. But when Red Lobster made it permanent, patrons ended up eating far more shrimp than the restaurant could afford ...
Red Lobster fans got even more bad news when it was announced that even more restaurant locations would close in the wake of the company's bankruptcy filing.. In a court filing in the United ...