Your current location:HOME >politics >Red Lobster seeks bankruptcy protection after closing some restaurants 正文
TIME:2024-05-21 09:19:21 Source: Internet compilationEdit:politics
Red Lobster, the casual dining chain that brought seafood to the masses with inventions like popcorn
Red Lobster, the casual dining chain that brought seafood to the masses with inventions like popcorn shrimp and “endless” seafood deals, has filed for Chapter 11 bankruptcy protection.
The 56-year-old chain made the filing late Sunday, days after shuttering dozens of restaurants.
“This restructuring is the best path forward for Red Lobster. It allows us to address several financial and operational challenges and emerge stronger and re-focused on our growth,” said Red Lobster CEO Jonathan Tibus, a corporate restructuring expert who took the top post at the chain in March.
Red Lobster said it will use the bankruptcy proceedings to simplify its operations, close restaurants and pursue a sale. As part of the filings, Red Lobster has entered into a so-called “stalking horse” agreement, meaning it plans to sell its business to an entity formed and controlled by its lenders.
US overdose deaths dropped in 2023, the first time since 20182024-05-21 09:16
Brazil's Romário returns to training at age 58, scores twice and keeps sharp tongue2024-05-21 09:13
China to launch Shenzhou2024-05-21 08:57
From flop to one2024-05-21 08:49
Four people killed in a house explosion in southwestern Missouri2024-05-21 08:43
Brazil's Romário returns to training at age 58, scores twice and keeps sharp tongue2024-05-21 08:32
No 10 hits back at Emmanuel Macron's jibe that the Rwanda scheme is a 'betrayal' of European values2024-05-21 07:55
Bears banking on Caleb Williams after taking the 2022 Heisman winner with No. 1 pick in NFL draft2024-05-21 07:41
Ship that caused Baltimore bridge collapse has been refloated2024-05-21 07:34
Perez homers as KC beats Blue Jays 22024-05-21 07:24
Brazil replaces injured goalkeeper Ederson in Copa America squad2024-05-21 09:15
Biden, 81, is blasted by CNN for repeating lie that he used to drive an 182024-05-21 09:06
Broncos select former Oregon QB Bo Nix with the 12th pick in the NFL draft2024-05-21 08:49
Reggie Bush plans to continue his fight against the NCAA after the return of his Heisman Trophy2024-05-21 08:43
The government wants to buy their flood2024-05-21 08:12
AP Week in Pictures: Asia2024-05-21 07:57
Growing public debt burden, shrinking fiscal space leave Africa at crossroads: UNECA2024-05-21 07:37
Supreme Court on Donald Trump's immunity claims: Key moments, explained2024-05-21 07:16
Revealed: Brit tourist, 19, subjected to sex attack in Majorca 'was gang2024-05-21 06:44
Captain Tom's scandal2024-05-21 06:38