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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 ...
After months of dozens of restaurant closings and headlines about “endless shrimp” woes, Red Lobster says it will soon exit from Chapter 11 bankruptcy protection. A U.S. bankruptcy judge on ...
Red Lobster, a popular seafood restaurant chain, has reportedly been considering filing for Chapter 11 bankruptcy, according to a report from Bloomberg.. This has spurred rumors of mass closures ...
Is Red Lobster going out of business? Red Lobster, the once popular seafood restaurant that started in Lakeland, Florida, in the late 1960s, was considering a Chapter 11 bankruptcy filing ...
Red Lobster has filed for voluntary Chapter 11 bankruptcy in ... simplify the business through a reduction in locations, and pursue a sale of substantially all of its assets as a going concern." ...
Red Lobster Might Be Going Bankrupt Alexi Rosenfeld - Getty Images It's been a tumultuous few years for Red Lobster. The restaurant shuttered eight locations in 2023.
The company is selling itself to Fortress Investment Group, which recently loaned Red Lobster $100 million to keep the chain going. Fortress also owns Krystal, Logan's Roadhouse and J. Alexander's.
Red Lobster, the casual dining chain that brought seafood to the masses with inventions like popcorn shrimp and “endless” seafood deals, has filed for Chapter 11 bankruptcy protection. The 56 ...