Filing for bankruptcy would allow Red Lobster to keep their business going while it reduces its debts and expenses, per Bloomberg.
There are 16 red Lobsters in NJ. A bankruptcy does not always mean store closures, though it often does. Joann and Toys R Us ...
Red Lobster is considering a Chapter 11 bankruptcy filing, according to a new report, after the business previously reported ...
Facing mounting debt and declining sales, Red Lobster mulls Chapter 11 bankruptcy. The seafood chain reportedly seeks 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 reportedly weighing a Chapter 11 bankruptcy filing as it grapples with growing debt and major losses.
Red Lobster’s cash flows have been weighed down by onerous leases and labor costs, among other issues. Restructuring ...
Red Lobster is in hot financial waters, attempting to stay afloat by eyeing Chapter 11 bankruptcy to restructure its debts ...
The seafood chain is considering a Chapter 11 bankruptcy filing as it looks to restructure its debt, according to a Bloomberg ...
Seafood chain Red Lobster is considering filing for Chapter 11 bankruptcy, according to reports. Here's what the decision ...
Bloomberg reported Red Lobster is considering bankruptcy. Here's why and other updates surrounding the restaurant ...