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 ...
Facing mounting debt and declining sales, Red Lobster mulls Chapter 11 bankruptcy. The seafood chain reportedly seeks a ...
Red Lobster is considering a Chapter 11 bankruptcy filing, according to a new report, after the business previously reported ...
Red Lobster is reportedly weighing a Chapter 11 bankruptcy filing as it grapples with growing debt and major losses.
The Florida-based seafood chain reportedly considers protection from creditors to work from under debt worsened by its ...
Red Lobster’s cash flows have been weighed down by onerous leases and labor costs, among other issues. Restructuring ...
Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...
Bloomberg reported Red Lobster is considering bankruptcy. Here's why and other updates surrounding the restaurant ...
Red Lobster is in hot financial waters, attempting to stay afloat by eyeing Chapter 11 bankruptcy to restructure its debts ...
Red Lobster is reportedly considering filing for bankruptcy to relieve financial pressures that have weighed on the company.