Red Lobster has closed more than 90 of its restaurants around the U.S., weeks after speculation that the restaurant chain would be filing for bankruptcy. Update 12:20 p.m. EDT May 15: At least 99 Red ...

Red Lobster Mulls Possible Bankruptcy Filing Amid Debt And Rising Labor Costs FILE PHOTO: ROHNERT PARK, CALIFORNIA: Red Lobster has closed more than 50 of its restaurants nationwide as it considers ...

Rapper Flavor Flav tried to “save the Cheddar Bay Biscuits.” Now, Red Lobster is now offering some signature menu items as a nod to the entertainer. Red Lobster filed for bankruptcy earlier this year, ...

The restaurant chain, which is the largest seafood chain in the world, has more than $1 billion in debt and plans to sell the business to its lenders, CNN reported. It has more than 100,000 creditors, ...

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The seafood restaurant chain, with headquarters in Orlando, Florida, is weighing the option of filing for Chapter 11 bankruptcy to consolidate its debt, Bloomberg reported, citing “people with ...