Category: red-lobster

Red Lobster may potentially file for bankruptcy by Memorial Day, according to WSJ

Red Lobster, the popular seafood chain, is facing financial difficulties that may lead to filing for Chapter 11 bankruptcy protection, according to reports from The Wall Street Journal. The chain, burdened with hundreds of millions in debt, recently closed 52 of its stores across the US, as confirmed by restaurant liquidator TAGeX Brands. This news […]

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