Your current location:HOME >world >Red Lobster seeks bankruptcy protection after closing some restaurants 正文
TIME:2024-05-21 14:44:55 Source: Internet compilationEdit:world
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.
Hall of Fame outfielder Ken Griffey Jr. to lead Indianapolis 500 field in Corvette pace car2024-05-21 14:33
How endangered dolphins could shut down the SailGP2024-05-21 14:11
Schools not equipped to be community hubs in disaster responses2024-05-21 13:29
Six children dead, 14 injured in Iraq road accident2024-05-21 13:29
Trump accepts a VP debate but wants it on Fox News. Harris has already said yes to CBS2024-05-21 13:10
Government departments defend staffing increase in late 20232024-05-21 12:37
US says UFO sightings likely secret military tests2024-05-21 12:31
Daylight saving: When it ends, why we observe it and how to change the time on your phone2024-05-21 12:13
Philippines blames China for loss of giant clams in disputed shoal and urges environmental inquiry2024-05-21 12:08
How endangered dolphins could shut down the SailGP2024-05-21 11:58
Young Boys seals 6th Swiss soccer league title in 7 years after rallying from firing coach Wicky2024-05-21 14:43
Schools not equipped to be community hubs in disaster responses2024-05-21 14:39
Big, expensive, and not fit for purpose: What you need to know about Premier House2024-05-21 14:31
Taiwan earthquake injuries top 1000, missing hotel workers found2024-05-21 14:19
US overdose deaths dropped in 2023, the first time since 20182024-05-21 13:53
Battle over deep2024-05-21 13:24
Watch live: PM Christopher Luxon talks to media in Auckland2024-05-21 13:13
Government negotiations end, deal to be signed on Friday2024-05-21 12:23
The fightback begins: Boss of London's Queen Mary University tells pro2024-05-21 12:17
Biden says he expects Iran to attack Israel soon, warns: 'Don't'2024-05-21 12:13