In the case of Red Lobster, its bankruptcy filing detailed a 30% drop in guests since 2019. Other issues include debt, a slew of new CEOs and an all-you-can-eat shrimp controversy. "Filing for ...
Red Lobster, America's largest seafood chain known for its shrimp and Cheddar Bay biscuits, has filed for bankruptcy. Its seafood restaurants are in hot water after a series of bad choices by a ...
Red Lobster, the nationwide restaurant chain known for its affordable seafood and cheddar bay biscuits, said late Sunday that it filed for Chapter 11 bankruptcy protection. In a statement ...
And now, two high-profile companies have filed for bankruptcy, rattling everyone even further. Orlando-based seafood chain Red Lobster filed for Chapter 11 bankruptcy on Monday in Florida.
Red Lobster wants to close several dozen more restaurants following its bankruptcy, and it has identified which ones are in ...
Red Lobster’s bankruptcy filing in Florida details how the restaurant chain has struggled in various ways, including a 30% ...
Red Lobster has identified an additional 129 restaurant locations across the United States it could shut down, if a ...
REPORTS. RED LOBSTER, THE HOME OF THE ENDLESS SHRIMP AND THOSE BASKETS OF CHEDDAR BISCUITS, HAS FILED FOR CHAPTER 11 BANKRUPTCY. CLOSE TO A DOZEN RED LOBSTERS HAVE CLOSED LOCALLY, AND MANY MORE ...
Beleaguered seafood eatery Red Lobster filed for Chapter 11 bankruptcy following the recent closing of dozens of restaurants. The chain entered into a “stalking horse” arrangement late Sunday ...
Red Lobster, which brought affordable shrimp and lobster to middle-class America and grew to become the largest seafood restaurant chain in the world, has filed for bankruptcy. The company said it ...
The change cost Red Lobster $11 million. Red Lobster filed for bankruptcy Sunday, and the bankruptcy filing sheds new light on Thai Union’s role in the endless shrimp mishap. Red Lobster said it ...