The seafood restaurant chain announced a significant paring down of its menu and other measures to streamline operations ...

Red Lobster is getting ready to 'file for bankruptcy' as early as next week after shutting down nearly 50 of its restaurants nationwide. The seafood chain has already "temporarily closed" several ...

Red Lobster, TGI Fridays and Buca di Beppo also filed for bankruptcy in the last year. Meanwhile, sales at Denny's, Applebee's, Outback Steakhouse, Bonefish Grill, Red Robin and Cracker Barrel's ...