Red Lobster said it will use the Chapter 11 bankruptcy proceedings to simplify its operations, close restaurants and pursue a ...
"This restructuring is the best path forward for Red Lobster," Jonathan Tibus, the company's CEO, said in a statement. "It ...
The liquidator, TAGeX Brands, announced last Monday it was auctioning off equipment last week from 48 locations that have ...
Red Lobster has filed for bankruptcy, a week after 50 locations throughout the country closed. At least eight of those were ...
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.
Red Lobster has filed for Chapter 11 bankruptcy protection days after shuttering nearly 50 restaurants across more than 20 states, including Illinois. The seafood chain has been struggling with ...
Copyright 2024 The Associated Press. All Rights Reserved. A Red Lobster restaurant is seen in Schaumburg, Ill., Monday, May 20, 2024.
Red Lobster has filed for Chapter 11 bankruptcy protection days after shuttering dozens of restaurants. The seafood chain has ...