Red Lobster is taking the adage “look back to move forward” to a new level with a revamped menu. Damola Adamolekun, CEO of ...

Hooters is not the only restaurant that has had to consider bankruptcy; just last year we almost had to say "goodbye" to endless shrimp at Red Lobster; mainly at the fault of endless shrimp! Red ...

Patrick T. Fallon/AFP via Getty Images According to documents obtained by ABC News, Red Lobster's voluntary Chapter 11 plan, which was filed on May 19, 2024, in the U.S. Bankruptcy Court in the ...

Red Lobster is exiting Chapter 11 bankruptcy after a federal judge on Thursday approved the seafood restaurant chain's plan to rebound from an "endless shrimp" fiasco, massive debt, dozens of ...

Red Lobster was cleared to exit bankruptcy several months after financial woes compelled the seafood restaurant chain to close dozens of locations and file for Chapter 11. Part of the blame was ...

Red Lobster is turning the page on its worst days as the struggling seafood restaurant chain prepares to emerge from bankruptcy. On Thursday, a U.S. judge approved the company's reorganization ...

Red Lobster has received court approval for its Chapter 11 exit plan, nudging the popular casual-dining seafood chain closer to emerging from bankruptcy. Known for its seafood offerings and iconic ...

After months of dozens of restaurant closings and headlines about “endless shrimp” woes, Red Lobster says it will soon exit from Chapter 11 bankruptcy protection. A U.S. bankruptcy judge on ...

Red Lobster is set to exit Chapter 11 bankruptcy protection after a judge approved its reorganization plan. The reorganization includes a lender group led by Fortress acquiring the seafood chain ...