Red Lobster Reportedly Considering Filing for Bankruptcy, Jokes Fly
Related Articles
-
Red Lobster Is Considering Bankruptcy Partly Due to $11 Million Loss from Endless Shrimp Deal: Report
Red Lobster is considering a Chapter 11 bankruptcy filing, according to a new report, after the business previously reported a $12.5 million operating loss in the fourth quarter of 2023
-
Red Lobster Reportedly Muling Filing For Bankruptcy, X Users Worry About Losing Cheddar Bay Biscuits
Source: Roberto Machado Noa / Getty / Red Lobster Red Lobster possibly going out of business? Say it ain’t so. Folks on social media are panicking right now because they might have to find another spot to enjoy cheddar bay biscuits and endless crab legs for graduation day, Mother’s Day or after Easter service. Spotted on TMZ via Bloomberg, iconic seafood restaurant chain Red Lobster is mulling bankruptcy as the company tries to figure out how to restructure its debt and other expenses, including...
-
Report: Hawaiian Electric considers sale of American Savings Bank
Hawaiian Electric Industries Inc. is weighing the sale of its American Savings Bank subsidiary, Bloomberg News reported today, citing people familiar with the matter.