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The Latest Breaking News from Red Lobster

Red Lobster says it will soon exit bankruptcy protection after judge approves seafood chain's sale

After months of dozens of restaurant closings and headlines about “endless shrimp” woes, Red Lobster is poised to soon exit from Chapter 11 bankruptcy protection

The Independent UK

Red Lobster to close more restaurants

Red Lobster is shuttering another 23 locations amid its ongoing Chapter 11 bankruptcy proceedings.

The Street

New CEO could bring Red Lobster C-Suite stability—and prevent another endless shrimp debacle

Damola Adamolekun will become the chief executive of RL Holdings LLC, which is set to acquire Red Lobster.

Fortune

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Red Lobster's new leader is a millennial Wall Street fave who doesn't believe in work-life balance

Damola Adamolekun, former P.F. Chang’s CEO, turns to a new fast-casual venture.

Fortune

Red Lobster closes two dozen more restaurants after 100 shut down following bankruptcy

Last fall, Red Lobster lost $11m on its Ultimate Endless Shrimp promotion, which charged $20 for all-you-can-eat shrimp deal

The Independent UK

Bankrupt Restaurant Chain Red Lobster Names Post-Takeover CEO

Damola Adamolekun is a former CEO of P.F Chang's

International Business Times

Red Lobster closing more restaurants in Chapter 11 bankruptcy

The struggling chain is going to be a lot smaller assuming it manages to keep operating.

The Street

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Struggling restaurant chain quietly closes dozens of locations

It's not just Red Lobster and Boston Market closing locations in the post-Covid world.

The Street

Struggling bar and restaurant chain selling all its locations

The sales would involve a major business-model change for the popular restaurant chain.

The Street

Buca di Beppo shuts down 13 restaurants

The Italian-American restaurant chain cited a decrease in sales, staffing challenges and rising food costs

Salon

Popular restaurants file for Chapter 11 bankruptcy

Favorite restaurants file for Chapter 11 bankruptcy for a variety of reasons.

The Street

Essential retailer closes more stores in Chapter 11 bankruptcy

The company has continued to close locations and it recently delivered more bad news to customers.

The Street

Restaurant chain closing more locations in Chapter 11 bankruptcy

The struggling restaurant chain faces a new order from its bankruptcy judge.

The Street

Struggling restaurant chain faces more closures during Chapter 11 bankrutpcy

The bankrupt brand has closed dozens of restaurants in its fight for survival.

The Street

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The Street

Struggling restaurant chain hits Chapter 11 bankruptcy problem

The company hopes to survive but it's facing major pushback from its creditors.

The Independent UK

Colorado Red Lobster restaurant finds rare orange lobster in shipment, takes it to Denver aquarium

The Downtown Aquarium in Denver has a new resident — a rare orange lobster that was rescued from a shipment of crustaceans delivered to a Red Lobster restaurant in Pueblo, Colorado

The Independent UK

The company is known for its made-on-the-spot, customizable personal pizzas, has more than 500 locations across the US

The Street

Major fast food franchisee files for Chapter 11 bankruptcy

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Salon

Olive Garden's lesson for Red Lobster

It's Endless Shrimp versus the Never Ending Pasta Bowls

The Street

Restaurant chain faces new risk to Chapter 11 bankruptcy survival

The well-loved national restaurant chain brand has been dealt several blows that might ultimately put it out of business.

The Independent UK

Store closures are rocking the US market. Here’s the restaurants and retailers shutting their doors

Many closures are the result of already-struggling companies reaching their breaking points and declaring bankruptcy

The Street

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.

Salon

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"

The Street

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 Independent UK

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

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