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 ...
Facing rising costs and an all-you-can-eat shrimp deal that backfired, Red Lobster has filed for Chapter 11 bankruptcy ...
Despite shutting down dozens of locations in the past week, the seafood chain stresses that its remaining restaurants will ...
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 ...
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.
The seafood restaurant chain said in a court filing that it has more than 100,000 creditors and estimated assets between $1 ...
Red Lobster has filed for Chapter 11 bankruptcy protection days after shuttering dozens of restaurants. The seafood chain has been struggling with rising lease and labor costs in recent years and also ...
Antenna users - our over-the-air broadcast signal will be down for maintenance from Tuesday, May 28 to Wednesday, June 5. by ALEXX ALTMAN-DEVILBISS | The National Desk TOPICS: Red Lobster has ...