Facing mounting debt and declining sales, Red Lobster mulls Chapter 11 bankruptcy. The seafood chain reportedly seeks a Chapter 11 filing to shed burdensome contracts and negotiate more favourable ...

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.

Houston, Texas USA 11-21-2021: Red Lobster storefront in Houston, TX. Global casual dining seafood restaurant chain founded in the USA in 1968. — Photo by Stroppy1 *Red Lobster is reportedly ...

More than a few executives at seafood restaurant Red Lobster are sporting similarly scarlet faces these days. The chain has not only lost millions of dollars from its all-you-can-eat promotions ...

The seafood chain Red Lobster is considering filing for bankruptcy, Bloomberg has reported. Declaring bankruptcy would allow Red Lobster to keep its business going while paring down its debts and ...

The seafood chain Red Lobster is considering filing for bankruptcy, Bloomberg has reported. Declaring bankruptcy would allow Red Lobster to keep its business going while paring down its debts and ...

Could endless shrimp be the end of Red Lobster?According to a new report by Bloomberg, the seafood chain is mulling over filing for bankruptcy protection. The outlet reports there are several ...

Could endless shrimp be the end of Red Lobster?According to a new report by Bloomberg, the seafood chain is mulling over filing for bankruptcy protection. The outlet reports there are several ...

Could endless shrimp be the end of Red Lobster?According to a new report by Bloomberg, the seafood chain is mulling over filing for bankruptcy protection. The outlet reports there are several ...

Could endless shrimp be the end of Red Lobster?According to a new report by Bloomberg, the seafood chain is mulling over filing for bankruptcy protection. The outlet reports there are several ...