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Red Lobster, the casual dining chain that brought seafood to the masses with inventions like popcorn shrimp and “endless” seafood deals, has filed for Chapter 11 bankruptcy protection. The 56 ...
After months of dozens of restaurant closings and headlines about “endless shrimp” woes, Red Lobster says it will soon exit from Chapter 11 bankruptcy protection. A U.S. bankruptcy judge on ...
Red Lobster, known for its affordable seafood and cheddary biscuits, has exited Chapter 11 bankruptcy protection. A U.S. bankruptcy judge approved the casual seafood chain’s reorganization plan ...
By filing for Chapter 11 bankruptcy, Red Lobster will pursue “operational improvements,” including restaurant closures and a “sale of substantially all of its assets,” according to the ...
Red Lobster posted an $11 million loss in the third quarter last year, driven in part by an all-you-can-eat shrimp promotion, and a $12.5 million loss in the fourth quarter. These four NJ Red ...
Red Lobster has filed for voluntary Chapter 11 bankruptcy in Florida, the company confirmed in a statement late Sunday night — but it intends to keep its locations open.. The 56-year-old seafood ...
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Red Lobster files for bankruptcy. Chris Morris. May 20, 2024 at 7:39 AM. Eric Thayer/Bloomberg via Getty Images. Red Lobster has filed for Chapter 11 bankruptcy. The struggling seafood chain, late ...