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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 filed for Chapter 11 bankruptcy in Florida in May. Here's a complete list of the company's restaurant locations that are open and closed. A fifth of Red Lobsters are gone.
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 ...
The troubled Red Lobster restaurant chain is closing down at least 48 of its roughly 650 branches across the US, according to a restaurant liquidation company.