But what D’Avena doesn’t find acceptable is losing out on a $50 gift card given to him as a Christmas ... D’Avena’s niece wrote an email to me. She said I might be able to help convince ...

Red Lobster is in hot financial waters, attempting to stay afloat by eyeing Chapter 11 bankruptcy to restructure its debts ...

This comes after Red Lobster reported a $12.5 million operating loss in the fourth quarter of 2023 Luke Sharrett/Bloomberg/Getty Red Lobster is considering a Chapter 11 bankruptcy filing ...

Red Lobster is in hot financial waters, attempting to stay afloat by eyeing Chapter 11 bankruptcy to restructure its debts after an endless shrimp promotion sank the seafood restaurant chain's ...

This comes after Red Lobster reported a $12.5 million operating loss in the fourth quarter of 2023 Kimberlee Speakman is a digital writer at PEOPLE. She has been working at PEOPLE since 2022.

An image of a chain link. It symobilizes a website link url. Copy Link The seafood chain Red Lobster is considering filing for bankruptcy, Bloomberg has reported. Declaring bankruptcy would allow ...

The seafood restaurant chain sunk financially after a flubbed promo. Red Lobster is in hot financial waters, attempting to stay afloat by eyeing Chapter 11 bankruptcy to restructure its debts ...

Red Lobster is in hot financial waters, attempting to stay afloat by eyeing Chapter 11 bankruptcy to restructure its debts after an endless shrimp promotion sank the seafood restaurant chain's bottom ...

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.

It's been a tumultuous few years for Red Lobster. The restaurant shuttered eight locations in 2023, and the investment group that held most of its stakes reported a $22 million loss for the year.