Facing mounting debt and declining sales, Red Lobster mulls Chapter 11 bankruptcy. The seafood chain reportedly seeks a ...

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.

Red Lobster is reportedly weighing a Chapter 11 bankruptcy filing as it grapples with growing debt and major losses.

Red Lobster is considering filing for Chapter 11 bankruptcy, according to a report. The seafood chain is considering a ...

Red Lobster is seeking advice from a law firm on whether to file for Chapter 11 bankruptcy following a difficult few years ...

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 ...

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 ...

Red Lobster’s cash flows have been weighed down by onerous leases and labor costs, among other issues. Restructuring ...

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 ...

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 ...