Filing for bankruptcy would allow Red Lobster to keep their business going while it reduces its debts and expenses, per Bloomberg.
There are 16 red Lobsters in NJ. A bankruptcy does not always mean store closures, though it often does. Joann and Toys R Us ...
Facing mounting debt and declining sales, Red Lobster mulls Chapter 11 bankruptcy. The seafood chain reportedly seeks a ...
Seafood restaurant chain Red Lobster is reportedly considering filing for Chapter 11 bankruptcy protection after significant financial blows, including an $11 million loss on endless shrimp.
Red Lobster is seeking to hook a buyer as the struggling seafood chain attempts to avoid bankruptcy, according to a report. The fast-casual chain — known for its cheddar bay biscuits and all-you ...
Red Lobster is in hot financial waters, attempting to stay afloat by eyeing Chapter 11 bankruptcy to restructure its debts ...
Red Lobster’s cash flows have been weighed down by onerous leases and labor costs, among other issues. Restructuring ...
Red Lobster is reportedly weighing a Chapter 11 bankruptcy filing as it grapples with growing debt and major losses.
It may be the end of the line for the seafood chain Red Lobster. Bloomberg reported that the restaurant was mulling bankruptcy and had sought legal advice. Red Lobster saw an operating loss of $12 ...
It may be the end of the line for the seafood chain Red Lobster. Bloomberg reported that the restaurant was mulling bankruptcy and had sought legal advice. Red Lobster saw an operating loss of $12.5 ...
The seafood chain Red Lobster is considering filing for bankruptcy, Bloomberg has reported. Declaring bankruptcy would allow Red Lobster to keep its business going while paring down its debts and ...