Your current location:HOME >travel >Red Lobster seeks bankruptcy protection after closing some restaurants 正文
TIME:2024-05-21 08:13:29 Source: Internet compilationEdit:travel
Red Lobster, the casual dining chain that brought seafood to the masses with inventions like popcorn
Red Lobster, the casual dining chain that brought seafood to the masses with inventions like popcorn shrimp and “endless” seafood deals, has filed for Chapter 11 bankruptcy protection.
The 56-year-old chain made the filing late Sunday, days after shuttering dozens of restaurants.
“This restructuring is the best path forward for Red Lobster. It allows us to address several financial and operational challenges and emerge stronger and re-focused on our growth,” said Red Lobster CEO Jonathan Tibus, a corporate restructuring expert who took the top post at the chain in March.
Red Lobster said it will use the bankruptcy proceedings to simplify its operations, close restaurants and pursue a sale. As part of the filings, Red Lobster has entered into a so-called “stalking horse” agreement, meaning it plans to sell its business to an entity formed and controlled by its lenders.
Trump accepts a VP debate but wants it on Fox News. Harris has already said yes to CBS2024-05-21 07:43
North Korea sends a delegation to Iran in a growing effort to break its diplomatic isolation2024-05-21 06:46
Emily Blunt looks sensational in a white vegetable2024-05-21 06:44
Adrienne Bailon says she spent 'easily over a $1M' to have her son2024-05-21 06:43
Ohio judge to rule Monday on whether the state’s abortion ban stands2024-05-21 06:27
Stock market today: Asian shares track Wall Streets rally, led by a 2.4% jump in Tokyo2024-05-21 06:27
Garland speaks with victims' families as new exhibit highlights the faces of gun violence2024-05-21 05:57
TOWIE's Elliott Wright poses with his rarely2024-05-21 05:46
Liverpool confirms Arne Slot as Jurgen Klopp's replacement2024-05-21 05:45
Suns guard Grayson Allen aggravates ankle injury vs. Timberwolves. Phoenix falls into 02024-05-21 05:44
Why US Catholics are planning pilgrimages in communities across the nation2024-05-21 08:00
Arizona Democrats attempt to repeal the state’s 19th century abortion ban2024-05-21 07:53
Slovakia's government approves controversial overhaul of public broadcasting2024-05-21 07:47
Nikola Jokic's brother appears to PUNCH a fan in the face after Nuggets' comeback win over Lakers2024-05-21 07:31
Verona confirms Serie A status for another year after beating Salernitana2024-05-21 06:46
A Russian priest who held Navalny's memorial service is suspended by Moscow church2024-05-21 06:19
Slovakia's government approves controversial overhaul of public broadcasting2024-05-21 06:07
TOWIE's Elliott Wright poses with his rarely2024-05-21 06:06
Medics remove 150 MAGGOTS from a woman's mouth after dental procedure left her with rotting tissue2024-05-21 05:56
Iranian President Ebrahim Raisi to inaugurate Sri Lankan hydropower and irrigation project2024-05-21 05:27