Red Lobster says that it will emerge from bankruptcy later this month. Now, the chain has to find a new strategy to bring in customers that's not just endless shrimp. I visited a Red Lobster ...

A little less than four months after Red Lobster filed for Chapter 11 bankruptcy, the seafood restaurant chain received court approval for its restructuring plan to continue operating under a new ...

The seafood chain reported between 1 billion and $10 billion in debt. It began shuttering more than 50 us locations. Red Lobster has more than 700 locations globally. According to its website ...

Damola Adamolekun, CEO of RL Investor Holdings LLC, a new entity that is seeking bankruptcy court approval to acquire from Red Lobster Business Wire Struggling restaurant chain Red Lobster is set ...

Red Lobster is exiting bankruptcy, USA TODAY reported Thursday, after a federal judge approved the restaurant chain's plan to rebound. Red Lobster will continue to operate as an independent ...

At the time of filing in May, Red Lobster's leadership shared plans to "simplify the business" through a reduction of locations. The chain, which lost $76 million in 2023, shuttered dozens of its ...

At the time of filing in May, Red Lobster’s leadership shared plans to “simplify the business” through a reduction of locations. The chain, which lost $76 million in 2023, shuttered dozens ...

Now, with the company exiting bankruptcy and Adamolekun officially in the CEO seat, the chain is entering a new era. "Today is my first official day as CEO of Red Lobster. I've been a fan since my ...

Who owns Red Lobster now? The newly formed RL Investor Holdings LLC will acquire the restaurant chain as part of Red Lobster's plan to exit Chapter 11 bankruptcy. The new company is organized and ...