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Salisbury's Red Lobster is open at its eatery outside The Centre at Salisbury Mall. Here's what to know, according to USA Today. Red Lobster lists 228 rejected leases that put sites in peril of ...
Red Lobster thus lost a great deal of flexibility for closing underperforming restaurants and cutting costs. The bankruptcy filing says that a material portion of the leases charge above-market rates.
The omnibus motion, which is a legal request to grant multiple things at once, asked the court to reject the leases of the locations by Aug. 31. Red Lobster closed 83 locations earlier this year ...
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 ...
The company had been getting advice from law firm King & Spalding as it looked to shed some long-term contracts and renegotiate leases, Bloomberg reported, noting that Red Lobster's cash flows had ...
According to bankruptcy court filings in Florida, Reb Lobster rejected dozens of store leases across the country. Nine of the many that will soon close are here in Ohio: 1691 Dublin-Granville Road ...
Red Lobster's parent company, Thai Union Group, said in November 2023 that the chain was headed toward a $20 million loss for 2023. Now the endless shrimp deal costs $25.
According to bankruptcy court filings in Florida, Reb Lobster rejected dozens of store leases across the country. Nine of the many that will soon close are here in Ohio: 3655 Orange Place, Beachwood.