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  2. May 22, 2024 · 1:24. Dozens of Red Lobster restaurants have abruptly closed across the country and the company filed for Chapter 11 bankruptcy in Florida on Sunday. As of Wednesday morning, the company's website ...

  3. May 20, 2024 · Red Lobster is closing restaurants across the United States after filing for bankruptcy on Sunday, citing $1 billion in debt and sagging cash flows.. The ubiquitous seafood chain, known for its ...

  4. May 22, 2024 · From sea to shining sea, Red Lobster closed dozens of its seafood restaurants ahead of an announcement Sunday night that Red Lobster filed for Chapter 11 bankruptcy in Florida. Red Lobster's ...

  5. May 14, 2024 · Red Lobster has temporarily closed 87 stores in 27 states, some of which are up for auction. The seafood chain suffered big losses with its "Ultimate Endless Shrimp" deal and considered bankruptcy in April.

  6. Red Lobster, which boasted 650 locations prior to the recent closures, had also launched a $20 all-you-can-eat shrimp promotion last summer that led to a quarterly loss of $11 million.. Management ...

  7. May 13, 2024 · New York CNN —. Struggling Red Lobster is abruptly closing at least 48 of its restaurants around the country, according to a leading restaurant liquidator. TAGeX Brands is conducting an online ...

  8. May 14, 2024 · By Rob Wile. At least 99 locations of Red Lobster are being auctioned off amid questions about the stalwart seafood chain's long-term future. In a post Monday on LinkedIn, Neal Sherman, founder ...

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