Red Lobster said it will use the bankruptcy proceedings to simplify its operations, close restaurants and pursue a sale. As ...
U.S.-based restaurant chain Red Lobster has filed for Chapter 11 bankruptcy protection in a Florida court after securing $100 ...
Surviving in the restaurant business is often said to be an uphill task as operators have to grapple with competition as well ...
Red Lobster Management LLC and affiliated companies filed for Chapter 11 bankruptcy protection in the United States ...
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 explains what went wrong.
The seafood restaurant chain believes restructuring will allow the company to better address the ongoing financial challenges ...
Red Lobster is scrambling to stay open in Times Square — but the bankrupt seafood chain has just a few weeks to hammer out a ...
Red Lobster has filed for Chapter 11 bankruptcy protection days after shuttering dozens of restaurants. The seafood chain has ...
Red Lobster's parent company plans to ask an Ontario court to have the restaurant chain's U.S. bankruptcy recognized and ...
Red Lobster the seafood restaurant chain with 700 locations worldwide filed for Chapter 11 bankruptcy protection on May 19 ...
Red Lobster, a seafood chain, files for bankruptcy with plans to reduce locations and find a buyer. Its CEO cites debt and competition as reasons.
Casual dining chain Red Lobster has filed for Chapter 11 bankruptcy protection. The 56-year-old chain made the filing late Sunday, days after shuttering dozens of restaurants. Red Lobster brought seaf ...