Red Lobster, the massively popular seafood chain, decided to be generous last summer, with inflation pinching its customers’ budgets. It brought back its Ultimate Endless Shrimp deal — much to ...
Companies like Red Lobster support FIPs by buying from the fishery, providing direct financial support, encouraging suppliers and fishermen to participate in the project, and engaging local ...
Red Lobster, a popular seafood restaurant chain that first opened in Florida over 50 years ago, has reportedly been considering filing for Chapter 11 bankruptcy, according to a report from Bloomberg.
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.
Renowned seafood restaurant chain Red Lobster is considering bankruptcy. Red Lobster is weighing a Chapter 11 bankruptcy filing to combat leases and rising labor costs, according to Bloomberg.
Red Lobster is reportedly weighing a possible Chapter 11 bankruptcy filing in order to restructure its mounting debt. The seafood restaurant chain — which has 649 locations nationwide — has ...
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 ...