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In May, Red Lobster filed for Chapter 11 bankruptcy in Florida amid 48 restaurant closures. By the end of the month, closures had doubled to a total of 99 , including 10 in Texas.
That includes more than 50 locations whose equipment was put up for auction just days before the Chapter 11 petition, followed by additional closures throughout the bankruptcy process. Red Lobster ...
That included more than 50 locations whose equipment was put up for auction just days before the Chapter 11 petition, followed by additional closures throughout the bankruptcy process. Red Lobster ...
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 ...
A few weeks prior to its bankruptcy, it abruptly closed around 50 locations across the United States. The new list of locations in danger of closing was revealed in court filings last week, and ...
Red Lobster has filed for bankruptcy, a week after 50 locations throughout the country closed. At least eight of those locations were in Texas. People are also reading: Red Lobster is closing ...
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 ...
More Red Lobster closures are on the horizon for the struggling seafood restaurant.. Red Lobster, which had announced it was restructuring after declaring bankruptcy earlier this year, will close ...