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  2. 3 days ago · Initially billed as an oyster lounge and cocktail bar in the 1960s and ’70s, Red Lobster emerged in later years as a family-friendly dining choice that, for many, was an introduction to seafood.

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  4. 1 day ago · People walk past a Red Lobster restaurant located in Times Square, New York, May 15, 2024. The ongoing retail apocalypse claimed another victim this week. Red Lobster, the casual dining restaurant chain with 550 locations, is entering Chapter 11 bankruptcy proceedings, turning over ownership for a second time in ten years as its sales and ...

  5. 2 days ago · Since 2020, seafood distributor Thai Union Group, based in Thailand, has been the largest Red Lobster shareholder. Thai Union owns 49% of the company. But Red Lobster has struggled under...

  6. May 3, 2024 · In 2003, Red Lobster ran an “Endless Crab” promotion. The all-you-can-eat deal backfired spectacularly. Red Lobster misjudged just how many seafood lovers would pour into restaurants...

  7. 2 days ago · Alina Selyukh. /. NPR. This Red Lobster in Maryland was among dozens of locations that closed abruptly ahead of the restaurant's bankruptcy filing. 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 ...

  8. 3 days ago · (2 min) Red Lobster is in trouble. After it filed $11 million in third-quarter operating losses, the seafood chain’s parent company has announced it will sell its majority stake. WSJ...

  9. 2 days ago · Marketwatch, Moneyish and Barron's. Red Lobster has filed for bankruptcy protection and will sell its assets. WSJ explains what went wrong for the seafood restaurant chain.

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