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May 3, 2024 · Red Lobster is now reportedly considering filing for bankruptcy protection to restructure its debt and shed some of its 650 US locations. The chain has tapped a restructuring expert as its...
May 25, 2024 · Red Lobster lost $11 million following the deal, its bankruptcy filing states. Endless shrimp was an embarrassment for Red Lobster, spoofed on Comedy Central’s “The Daily Show” and social...
Red Lobster declared bankruptcy due to a combination of rising costs, declining sales, and strategic missteps. One of the critical factors was the company's "all-you-can-eat shrimp" promotion ...
May 20, 2024 · Red Lobster, which brought affordable shrimp and lobster to middle-class America and grew to become the largest seafood restaurant chain in the world, has filed for bankruptcy. The company said it...
May 20, 2024 · Red Lobster announced late Sunday it filed for bankruptcy, days after it began shuttering dozens of restaurants — after years of struggling with ownership turnover, plateauing sales and financial...
May 20, 2024 · 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...
May 20, 2024 · 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-year-old chain made the filing late Sunday, days after shuttering dozens of restaurants.
May 20, 2024 · Seafood restaurant chain Red Lobster has filed for Chapter 11 bankruptcy in Florida, the company said in a statement Sunday night.
May 20, 2024 · Orlando, Florida-based Red Lobster has assets between $1 billion and $10 billion and estimated liabilities of $1 billion to $10 billion, according to the bankruptcy filing. Its largest creditor is...
May 20, 2024 · Red Lobster filed for Chapter 11 bankruptcy in Florida on Sunday. Here's a list of the company's restaurant locations that are closed.
