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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 ...
A recent court filing shows that the company is rejecting the leases of an additional 23 locations by Saturday, August 31, joining the more than 100 restaurants that Red Lobster closed earlier ...
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 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 is closing 23 more U.S. locations in 15 states this August after previously closing dozens of stores in May. ... operates more than 530 restaurants primarily located across the U.S ...
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.
It was recently announced that the troubled seafood restaurant chain Red Lobster will be closing down at least 48 of its roughly 650 branches across the US (Justin Sullivan/Getty Images)
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 ...