The green light arrives under just four months after Red Lobster filed for bankruptcy protection as it pursued a sale, following years of mounting losses and dwindling customers while it struggled ...

Red Lobster posted a $76 million net loss in 2023 and blamed its bankruptcy on high inflation, unsustainable rent costs, and poor management decisions including an "endless shrimp" promotion that ...

A bankruptcy judge has approved the sale of Red Lobster to a group of lenders that will aim to revive the floundering seafood restaurant chain. Red Lobster’s parent company said Thursday that it ...

The green light arrives under just four months after Red Lobster filed for bankruptcy protection as it pursued a sale, following years of mounting losses and dwindling customers while it struggled ...

who will succeed Jonathan Tibus as CEO of Red Lobster when the sale is complete. “With our new backers, we have a comprehensive and long-term investment plan — including a commitment of more ...

The green light arrives under just four months after Red Lobster filed for bankruptcy protection as it pursued a sale, following years of mounting losses and dwindling customers while it struggled ...

The green light arrives under just four months after Red Lobster filed for bankruptcy protection as it pursued a sale, following years of mounting losses and dwindling customers while it struggled ...