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A U.S. Federal Trade Commission official said on Wednesday that the country's leading seafood restaurant chains have been warned that the agency will crack down on false claims of locally caught ...
Red Lobster restaurant sign and exterior. Reports in April that Red Lobster was contemplating bankruptcy devastated fans of the seafood restaurant. Now, dozens of the chain's locations are ...
In 2023, Red Lobster was further knocked off balance by its $20 endless shrimp offer that became much more popular with customers than anticipated. The all-you-can-eat menu option was previously a ...
Red Lobster, the poster child for American seafood, was dragged down by corporate mismanagement, competition and consumer shifts.
Red Lobster declared bankruptcy earlier this year after 10 years under private-equity management, Toys "R" Us famously shut down following a private-equity takeover, and even hospitals have ...
The 56-year-old company announced filing for Chapter 11 bankruptcy last month after a series of financial hurdles, from rising labor costs to all-you-can-eat promotions that backfired.
Red Lobster, a popular seafood restaurant chain, has reportedly been considering filing for Chapter 11 bankruptcy, according to a report from Bloomberg. That has spurred rumors of mass closures ...
Red Lobster said Thursday that it expects to operate about 544 locations across the U.S. and Canada upon emerging from bankruptcy. That's down from 578 disclosed as of May's bankruptcy filing.
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related to: red lobster reviews consumer reports bbb complaints