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 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 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 ...
(WTVO) — Seafood chain Red Lobster is reportedly considering filing for Chapter 11 bankruptcy due to leases and labor costs. According to Bloomberg, the chain has been receiving advice from the ...
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.
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Red Lobster is looking to file for Chapter 11 bankruptcy to restructure its debts after attempting a promotion that sank the seafood restaurant chain's bottom line, according to Bloomberg.