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The Latest Breaking News from Red Lobster

Struggling restaurant chain shares bad Chapter 11 bankruptcy news

The company's business picture has gone from bad to worse and many more locations may close.

The Street

Flavor Flav wants to save Red Lobster

Last month, the Public Enemy rapper made a promise to "help save one of America's greatest dining dynasties"

Salon

Nordstrom blames recent financial loss on a deal shoppers love

The retailer reveals that a trend in consumer behavior has helped contribute to a major loss.

The Street

From analysis to the latest developments in health,
read the most diverse news in one place.

Flavor Flav orders entire Red Lobster menu in effort to save chain following bankruptcy

Public Enemy rapper says he will do ‘everything to help Red Lobster’ after chain restaurant filed for Chapter 11 bankruptcy

The Independent UK

Flavor Flav Orders Everything on Red Lobster Menu to Help Stop the Chain From Closing Down

That's one way to do it!

Marie Claire

Death knell for fast food chains? Ex Hardee’s and Carl’s Jr CEO predicts more restaurants will close over high prices

The Independent UK

Why Red Lobster Really Filed for Bankruptcy, and McDonald's Stock is a Buy

The math behind Red Lobster's bankruptcy filing sheds an even more positive light on the 'secret sauce' behind McDonald's operations.

Barchart

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Another popular restaurant chain shares Chapter 11 bankruptcy plan

The company wants to assure its customers that it's not closing, but there's no guarantee that's actually true.

The Street

Red Lobster employee sues chain saying she was laid-off without notice amid 50 restaurant closures

Red Lobster filed for chapter 11 bankruptcy on 20 May

The Independent UK

Red Lobster files for bankruptcy

The restaurant will "continue to "remain open and [operate] as usual during the Chapter 11 process"

Salon

Red Lobster is blaming its bankruptcy on top shareholder and its ex-CEO, saying an $11M all-you-can-eat-shrimp fiasco contributed to its demise

Former shareholder Thai Union had an "outsized influence on the company’s shrimp purchasing," Red Lobster's new CEO has alleged.

Fortune

Cost-cutting, private equity and piles of shrimp: What really drove Red Lobster into bankruptcy

The famous seafood chain lost $11m on a disastrous ‘endless shrimp’ deal. But bankruptcy documents and former employees suggest that was only a symptom of deeper problems

The Independent UK

Red Lobster's long-awaited bankruptcy has finally happened

Company will sell its assets to lenders.

Fortune

Red Lobster files for bankruptcy — what it means for your next seafood dinner

Red Lobster has filed for Chapter 11 bankruptcy. Here's what that means for its 578 locations in the U.S. and Canada.

The Street

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The Independent UK

Red Lobster files for bankruptcy days after closing dozens of restaurants

Red Lobster is filing for Chapter 11 bankruptcy protection shortly after closing some of its restaurants

The Street

The Independent UK

Take home a piece of the shrimp! Red Lobster equipment goes on sale in ‘largest restaurant auction in history’

The abrupt closures of the chain come after endless shrimp deal cost the chain millions

The Street

Reb Lobster accused of blindsiding workers with a recent harsh decision

The struggling restaurant chain faces backlash from its former employees.

Get all your
news in one place.

100’s of premium titles.
One news app.

The Street

Red Lobster accused of blindsiding workers with a recent harsh decision

The struggling restaurant chain faces backlash from its former employees.

Salon

Red Lobster announces abrupt closures

"Furniture, fixtures and equipment from select Red Lobster locations" are starting to be auctioned off online

The Street

Restaurant chain closes dozens of locations as bankruptcy looms

The struggling company has abruptly and surprisingly shut down nearly 50 restaurants as a Chapter 11 filing looms.

The Street

Nationwide restaurant chain tries desperate bid to avoid bankruptcy

International Business Times UK

Red Lobster 'Bankruptcy' Scare: CFO Blames Unlimited Shrimp Deal, Pricey Labour and Leases

Red Lobster's $20 all-you-can-eat shrimp deal backfired, leading to bankruptcy talks after record losses.

The Street

The chain has suffered since the covid pandemic and it may need financial help to have a chance to survive.

The Street

Chapter 11 bankruptcy on table for nationwide restaurant chain

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