The company said it will use the bankruptcy proceedings to simplify its operations, close restaurants and pursue a sale.
Red Lobster filed for Chapter 11 bankruptcy after it announced it would be closing dozens of stores. The seafood chain said ...
Red Lobster has filed for Chapter 11 bankruptcy protection amid rising costs and an all-you-can-eat shrimp deal that ...
According to its website, Red Lobster closed at least 87 restaurants over the past week, including 10 in New York state.
The liquidator, TAGeX Brands, announced last Monday it was auctioning off equipment last week from 48 locations that have ...
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 ...
Red Lobster has filed for Chapter 11 bankruptcy protection days after shuttering nearly 50 restaurants across more than 20 ...