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     CNN Business via Yahoo

     Red Lobster files for bankruptcy

     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.

     23 hours ago

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     Fortune via Yahoo

     Red Lobster is blaming its bankruptcy on top shareholder and its ex-CEO, saying an $11M all-you-can-eat-shrimp fiasco contributed to its demise

     7 hours ago

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     Salon via Yahoo

     Red Lobster officially files for Chapter 11 bankruptcy

     5 hours ago

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     USA Today

     Red Lobster cheddar bay biscuits still available in stores amid location closures, bankruptcy

     3 hours ago

   • WPIX New York City, NY via Yahoo

     Red Lobster officially files for bankruptcy: What does it mean for the restaurants?

     8 hours ago

   • WKBN 27 Youngstown

     Red Lobster seeks bankruptcy protection days after closing dozens of restaurants

     23 hours ago

   • The Fargo Forum

     McFeely: Fargo's Red Lobster keeps chugging, despite bankruptcy filing and dozens of closings

     1 hour ago

   • WPXI via Yahoo

     Red Lobster bankruptcy could impact gift cards, rewards points, Pennsylvania AG says

     23 hours ago

   • KPBS San Diego

     Red Lobster files for bankruptcy after missteps including all-you-can-eat shrimp

     1 day ago

   • CBS News

     Red Lobster files for Chapter 11 bankruptcy protection

     1 day ago

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2. People also ask

   What will Red Lobster do after bankruptcy?

   • Red Lobster said it will use the bankruptcy proceedings to simplify its operations, close restaurants and pursue a sale. As part of the filings, Red Lobster has entered into a so-called “stalking horse” agreement, meaning it plans to sell its business to an entity formed and controlled by its lenders.

   Red Lobster seeks bankruptcy protection days after closing dozens of re…

   apnews.com/article/red-lobster-bankruptcy-a30cf6293208eefd0aaaf2bcb2782291

   See all results for this question

   What happened to Red Lobster in Maryland?

   • 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.

   Red Lobster files for bankruptcy after missteps including all-you-can-ea…

   www.npr.org/2024/05/20/1252426585/red-lobster-bankruptcy

   See all results for this question

   Did Thai Union influence Red Lobster's shrimp purchase?

   • Per USA Today 87 restaurants across 27 states on the Red Lobster website—which is not functioning at the time of writing—were shown as 'temporarily closed.' This story was originally featured on Fortune.com Former shareholder Thai Union had an "outsized influence on the company’s shrimp purchasing" Red Lobster's new CEO has alleged.

   Red Lobster is blaming its bankruptcy on top shareholder and its ex-CE…

   www.msn.com/en-us/money/other/red-lobster-is-blaming-its-bankruptcy-on-top-shareholder-and-its-ex-ceo-saying-an-11m-all-you-can-eat-shrimp-fiasco-contributed-to-its-demise/ar-BB1mMi9n

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   Is Red Lobster still open during Chapter 11?

   • Red Lobster, founded in 1968 and headquartered in Orlando, said in the statement Sunday night it would sell its business to a new entity that will be wholly owned and controlled by its lenders, and that "Red Lobster's restaurants will remain open and operating as usual during the Chapter 11 process."

   Red Lobster closings: See which locations are shutting down as compan…

   www.msn.com/en-us/money/companies/red-lobster-closings-see-which-locations-are-shutting-down-as-company-files-for-bankruptcy/ar-BB1mJnoJ

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3. edition.cnn.com › 2024/05/20 › investingRed Lobster files for bankruptcy | CNN Business

   edition.cnn.com › 2024/05/20 › investing

   • Cached

   23 hours ago · With 578 restaurants across 44 states and Canada, Red Lobster serves 64 million customers a year, and it brings in $2 billion in annual sales, the company said in its bankruptcy filing.

4. www.nytimes.com › us › red-lobster-bankruptcyRed Lobster, an American Seafood Institution, Files for ...

   www.nytimes.com › us › red-lobster-bankruptcy

   1 day ago · Red Lobster, one of America’s best-known shellfish ambassadors, has reached this stage in its life cycle: The once-ubiquitous restaurant chain filed for Chapter 11 bankruptcy protection on ...

5. Videos

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     6:59

     cbsnews.com

     Red Lobster files for bankruptcy

     May 20, 2024

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     1:52

     youtube.com

     Why Red Lobster is filing for bankruptcy

     May 20, 2024

     29.8K Views

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     0:32

     youtube.com

     Red Lobster files for bankruptcy protection — Will restaurants remain open? 🦞 #food

     May 20, 2024

     6.2K Views

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6. www.npr.org › 20 › 1252426585Red Lobster, the seafood chain, files for bankruptcy : NPR

   www.npr.org › 20 › 1252426585

   1 day ago · 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 ...

7. www.cnn.com › 2024/05/20 › businessHow Red Lobster’s misguided endless shrimp promotion ... - CNN

   www.cnn.com › 2024/05/20 › business

   • Cached

   1 day ago · The change cost Red Lobster $11 million. Red Lobster filed for bankruptcy Sunday, and the bankruptcy filing sheds new light on Thai Union’s role in the endless shrimp mishap. Red Lobster said it ...

8. finance.yahoo.com › news › red-lobster-officiallyRed Lobster officially files for bankruptcy: What does it ...

   finance.yahoo.com › news › red-lobster-officially

   • Cached

   18 hours ago · In Sunday’s bankruptcy filings, Red Lobster estimated $1 billion to $10 billion in liabilities owed to over 100,000 creditors. The bankruptcy petition was signed by CEO Jonathan Tibus, a ...

9. www.nbcnews.com › business › business-newsRed Lobster files for bankruptcy, but restaurants will stay open

   www.nbcnews.com › business › business-news

   • Cached

   1 day ago · By Rob Wile. 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 ...