Endless Shrimp News Today

Red Lobster is bankrupt, and it could spell more economic troubles to come.

The nationally recognized chain of restaurants sunk following inflation, losses and "endless shrimp" deals.

Rumors have been swirling that the 56 year old restaurant chain was on the verge of bankruptcy after they abruptly closed 50 locations across America.

The seafood restaurant chain said on Sunday that it had filed for bankruptcy.

Less than one week after Red Lobster announced the closure of dozens of restaurants across the nation, the company has officially filed for Chapter 11 bankruptcy.

Tales from the seafood promotion from hell.

Rumors have been swirling that the 56 year old restaurant chain was on the verge of bankruptcy after they abruptly closed 50 locations across America.

May 21, 2024 - Bankrupt Red Lobster may have choked on its own ample shrimp supply. The restructuring expert overseeing Red Lobsters bankruptcy was quick to point fingers a

Bankrupt Red Lobster may have choked on its own ample shrimp supply. The restructuring expert overseeing Red Lobsters bankruptcy was quick to

Red Lobster filed Chapter 11 earlier this week and has a deal to sell the restaurant chain to lenders led by Fortress Investment Group.