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Published 14 days ago

Red Lobster eyes bankruptcy option after $11M in losses from endless shrimp promotion

Summary by Abc 6 Philadelphia
Red Lobster is in hot financial waters, attempting to stay afloat by eyeing Chapter 11 bankruptcy to restructure its debts after an endless shrimp promotion sank the seafood restaurant chain's bottom line, according to reports.

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abc Newsabc News

Red Lobster eyes bankruptcy option after $11M in losses from endless shrimp

Red Lobster has a new CEO and is focused on possible restructuring through Chapter 11 bankruptcy, according to Bloomberg.

14 days ago·United States
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abc 6 Philadelphiaabc 6 Philadelphia

Red Lobster eyes bankruptcy option after $11M in losses from endless shrimp promotion

Red Lobster is in hot financial waters, attempting to stay afloat by eyeing Chapter 11 bankruptcy to restructure its debts after an endless shrimp promotion sank the seafood restaurant chain's bottom line, according to reports.

14 days ago·Philadelphia, United States
Read Full Article
abc 7 Chicagoabc 7 Chicago

Red Lobster eyes bankruptcy option after $11M in losses from endless shrimp promotion

Red Lobster is in hot financial waters, attempting to stay afloat by eyeing Chapter 11 bankruptcy to restructure its debts after an endless shrimp promotion sank the seafood restaurant chain's bottom line, according to reports.

14 days ago·Chicago, United States
Read Full Article
abc 13 Houstonabc 13 Houston

Red Lobster eyes bankruptcy option after $11M in losses from endless shrimp promotion

Red Lobster is in hot financial waters, attempting to stay afloat by eyeing Chapter 11 bankruptcy to restructure its debts after an endless shrimp promotion sank the seafood restaurant chain's bottom line, according to reports.

14 days ago·Houston, United States
Read Full Article
abc 7 LAabc 7 LA

Red Lobster eyes bankruptcy option after $11M in losses from endless shrimp promotion

Red Lobster is in hot financial waters, attempting to stay afloat by eyeing Chapter 11 bankruptcy to restructure its debts after an endless shrimp promotion sank the seafood restaurant chain's bottom line, according to reports.

14 days ago·Los Angeles, United States
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abc11 Raleighabc11 Raleigh

Red Lobster eyes bankruptcy option after $11M in losses from endless shrimp promotion

Red Lobster is in hot financial waters, attempting to stay afloat by eyeing Chapter 11 bankruptcy to restructure its debts after an endless shrimp promotion sank the seafood restaurant chain's bottom line, according to reports.

14 days ago·Raleigh, United States
Read Full Article
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