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 considering filing for bankruptcy to relieve financial pressures that have weighed on the company. According to a report by Bloomberg citing people familiar with the ...

Beleaguered seafood chain Red Lobster is seeking a buyer as it looks to avoid filing for bankruptcy, CNBC has learned. The company has considered filing for bankruptcy to help it restructure ...

Beleaguered seafood chain Red Lobster is seeking a buyer as it looks to avoid filing for bankruptcy, CNBC has learned. The company has considered filing for bankruptcy to help it restructure ...

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 ...

A potential buyer was lined up but the deal fell through, the outlet reported. Red Lobster has been trying to break some contracts and long-term leases. Even if it finds a buyer, the chain could ...

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 ...

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 ...

Red Lobster is reportedly considering filing for bankruptcy. A report from Bloomberg on Wednesday, citing people familiar with the situation, says that the seafood restaurant chain is weighing a ...

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.

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.