Red Lobster, Endless Shrimp
Red Lobster reportedly looking for a buyer to avoid bankruptcy filing
Red Lobster is seeking to hook a buyer as the struggling seafood chain attempts to avoid bankruptcy, according to a report. The fast-casual chain — known for its cheddar bay biscuits and
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 eyes bankruptcy option after $11M in losses from endless shrimp promotion
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,
How 'endless shrimp' may have ended Red Lobster
Red Lobster faces potential bankruptcy after its "Ultimate Endless Shrimp" promotion, designed to boost customer traffic with its low price point, led to substantial financial losses and failed to improve the company's bottom line.
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.
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 their business going while it reduces its debts and expenses, per Bloomberg.
Red Lobster Reported $11 Million in LOSSES Because of ENDLESS SHRIMP
Red Lobster, once a seafood haven synonymous with indulgence, finds itself in troubled waters. Recent financial disclosures reveal staggering losses amounting to $11 million in the third quarter alone,
The fishy death of Red Lobster
Red Lobster may be headed toward bankruptcy, but its business problems go far beyond all-you-can-eat shrimp.
Red Lobster seeks a buyer as it looks to avoid bankruptcy filing
Beleaguered seafood chain Red Lobster is seeking a buyer as it looks to avoid filing for bankruptcy, CNBC has learned.
Red Lobster May Soon File for Chapter 11 Bankruptcy, Here’s Why
If the Orlando-based seafood restaurant were to seek Chapter 11, it would be one of the most high-profile failures across the ...
Mashed on MSN4h
12 Red Lobster Hacks You'll Wish You Knew Sooner
If you're looking to get the most bang for your buck (or just enjoy yourself the most) when dining at Red Lobster, you need ...
SeafoodSource6d
Red Lobster suppliers left in the lurch
Red Lobster’s suppliers are being paid 48 days past their due dates. Red Lobster submitted late payments for nearly 70 ...