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Seafood chain launched the promotion in summer 2023. Red Lobster is reportedly considering filing for bankruptcy.. Amid the restaurant’s financial concerns, attention has been placed on Red ...
According to Bloomberg, Red Lobster is considering a Chapter 11 bankruptcy filing in hopes of restructuring its debts. The company has reportedly received advice from law firm King & Spalding and ...
ADXco / ShutterstockUPDATE: May 21, 2024Editor's note: On May 19, Red Lobster confirmed it has filed for Chapter 11 bankruptcy. Nearly 580 of its restaurants will remain open through the ...
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.
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 ...
Red Lobster has filed for voluntary Chapter 11 bankruptcy in Florida, the company confirmed in a statement late Sunday night — but it intends to keep its locations open.. The 56-year-old seafood ...
Red Lobster has filed for Chapter 11 bankruptcy. The struggling seafood chain, late Sunday, announced the filing as well as plans to sell its business to an entity that is controlled by its ...
Seafood restaurant chain Red Lobster has filed for bankruptcy, but most of its restaurants will remain open during the court proceedings. The news, announced on May 19, comes after nearly 90 Red ...