Red Lobster is getting ready to 'file for bankruptcy' as early as next week after shutting down nearly 50 of its restaurants nationwide. The seafood chain has already "temporarily closed" several ...

Red Lobster has filed for bankruptcy protection and will sell its assets. WSJ explains what went wrong for the seafood restaurant chain. News moves fast, and there's not always time to untangle ...

Red Lobster, TGI Fridays and Buca di Beppo also filed for bankruptcy in the last year. Meanwhile, sales at Denny's, Applebee's, Outback Steakhouse, Bonefish Grill, Red Robin and Cracker Barrel's ...

The closures and bankruptcy action could affect consumers’ ability to redeem Red Lobster rewards, loyalty points, coupons, and unused gift cards, Henry said. “Consumers who have rewards or ...