Red Lobster, endless shrimp
Facing Shrimp-Fueled Debt, Red Lobster Reportedly Mulls Chapter 11
The Florida-based seafood chain reportedly considers protection from creditors to work from under debt worsened by its all-you-can-eat shrimp deals.
Red Lobster Is Considering Bankruptcy and People Are Distraught Over It
They say there’s plenty of fish in the sea but at Red Lobster, their fishing nets are broke and empty. The beloved seafood giant has just shocked the internet after announcing that they may file for bankruptcy.
Red Lobster, home of the endless shrimp, mulls bankruptcy after spoiling its customers with all-you-can-eat lobster: report
Filing for bankruptcy would allow Red Lobster to keep its business going while reducing its debts and expenses, Bloomberg reported.
Red Lobster considers bankruptcy to deal with leases and labor costs
Seafood restaurant chain Red Lobster is mulling a Chapter 11 bankruptcy filing as it looks to restructure its debt, according to people with knowledge of the matter.
Red Lobster eyes bankruptcy option after $11M in losses from endless shrimp
Red Lobster is in hot financial waters, attempting to stay afloat by eyeing Chapter 11 bankruptcy to restructure its debts after an endless shrimp promotion sank the seafood restaurant chain's bottom line,
Red Lobster reportedly weighs possible Chapter 11 bankruptcy filing as labor costs soar
Red Lobster is reportedly weighing a possible Chapter 11 bankruptcy filing in order to restructure its mounting debt. The seafood restaurant chain — which has 649 locations nationwide
Red Lobster reportedly eyeing bankruptcy filing after major losses from endless shrimp deal
Red Lobster is reportedly weighing a Chapter 11 bankruptcy filing as it grapples with growing debt and major losses.
Is Red Lobster filing for bankruptcy? What's for sure is they released this new AI album
Bloomberg reported Red Lobster is considering bankruptcy. Here's why and other updates surrounding the restaurant
Red Lobster is considering bankruptcy, reports say
Red Lobster is considering filing for Chapter 11 bankruptcy, according to a report. The seafood chain is considering a Chapter 11 bankruptcy filing as it looks to restructure its debt, according to a Bloomberg report citing people with knowledge of the matter.
Red Lobster Is Considering Bankruptcy Partly Due to $11 Million Loss from Endless Shrimp Deal: Report
Red Lobster is considering a Chapter 11 bankruptcy filing, according to news sources. The restaurant chain is considering filing for bankruptcy amid growing debt, sources with knowledge on the matter told Bloomberg .
Endless Headaches for Red Lobster After Endless Shrimp Campaign
Red Lobster is fishing for a way to get out of its financial woes after its endless shrimp campaign tanked its bottom line. The seafood restaurant is looking to file for Chapter 11 bankruptcy in an effort to restructure its debts,
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Family Farms going under in Washington state, Red Lobster facing Chapter 11 bankruptcy
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Why Red Lobster could be headed toward bankrutcy
The chain only paid a quarter of its bills on time in February and over half were 61 to 90 days late, according to data from Creditsafe.
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Is Red Lobster going out of business? Here's what it means for Texas restaurants
Red Lobster, a popular seafood restaurant chain, has reportedly been considering filing for Chapter 11 bankruptcy, ...
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Red Lobster is struggling to pay its bills, vendors say
Credit data confirms the seafood chain has a large number of overdue balances as it reportedly considers a bankruptcy filing.
Beloved seafood restaurant chain is considering bankruptcy
The seafood chain is considering a Chapter 11 bankruptcy filing as it looks to restructure its debt, according to a Bloomberg ...