Red Lobster closings: See which locations are shutting down as company files for bankruptcy ...Middle East

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Red Lobster closings: See which locations are shutting down as company files for bankruptcy
Red Lobster files for bankruptcy after closing several restaurants Red Lobster has filed for Chapter 11 bankruptcy to address financial challenges and streamline operations. unbranded – Newsworthy Red Lobster filed for Chapter 11 bankruptcy in Florida, the company confirmed in a statement late Sunday night. Last week, Red Lobster’s website listed 87 stores listed as “temporarily closed” across 27 states, with some of them having their kitchen equipment up for auction on an online restaurant liquidator. According to Red Lobster, the company intends to use the bankruptcy proceedings to “drive operational improvements, simplify the business through a reduction in locations, and purs

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