TikToks of customers stuffing their faces with a $20 endless shrimp. More than 100 restaurant closures and thousands of layoffs. A revolving door of CEOs. Chapter 11 bankruptcy. Damola Adamolekun, the ...
Red Lobster is turning the page on its worst days as the struggling seafood restaurant chain prepares to emerge from bankruptcy. On Thursday, a U.S. judge approved the company’s reorganization plan, ...
When Red Lobster filed for bankruptcy in May 2024, it came as a shock, but in retrospect, it was just the first sign that an era of American dining was coming to an end. Founded in 1968 in Florida, ...
Red Lobster plans to close nearly two dozen more restaurants in coming days as the bankrupt seafood chain prepares to be acquired. Known for its affordable seafood and cheddar bay biscuits, the ...
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