Business ❯Bankruptcy ❯Chapter 11

Red Lobster

Financial Impact Financial Challenges Financial Troubles Corporate Restructuring Financial Details Casual Dining Chain Restaurant Chain Restaurant chain Financial Struggles CEO

Red Lobster Files for Bankruptcy, Closes Dozens of Locations

The seafood chain cites high rent costs, declining sales, and poor management decisions as key factors in its financial troubles.

Red Lobster Files for Chapter 11 Bankruptcy After Closing Dozens of Locations