Your current location:HOME >world >Red Lobster seeks bankruptcy protection after closing some restaurants 正文
TIME:2024-05-21 10:30:51 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.
Bella Hadid goes braless in a thigh2024-05-21 10:24
Massive flooding hits China's Guangdong2024-05-21 09:57
People have fun during Mid2024-05-21 09:18
China to unveil major sci2024-05-21 08:49
Iran helicopter crash that killed President Raisi could reverberate across the Middle East2024-05-21 08:46
China to unveil major sci2024-05-21 08:44
Bernabeu balancing act for Valverde with Copa del Rey final ahead2024-05-21 08:38
Top political advisor meets visiting KMT delegation2024-05-21 08:24
Investigators return to Long Island home of Gilgo Beach serial killing suspect2024-05-21 08:17
Susanna Reid says she is still 'very connected' to former co2024-05-21 07:45
Messi in and Dybala out in Argentina squad for pre2024-05-21 10:26
Dragons nestle in the mountains outside Beijing2024-05-21 10:18
China marks 120th birth anniversary of late senior CPC leader2024-05-21 10:12
Top French diplomat arrives in Lebanon in attempt to broker a halt to Hezbollah2024-05-21 09:50
Not so Cool Britannia! Noel Gallagher gives damning verdict on Keir Starmer2024-05-21 09:31
Bernabeu balancing act for Valverde with Copa del Rey final ahead2024-05-21 09:09
China to launch anti2024-05-21 08:31
Pressure builds on Israel, Hamas to reach Gaza cease2024-05-21 08:03
Rangers are undefeated at .500 to keep World Series champs from a losing record with Bochy2024-05-21 08:01
A Chinese storm chaser2024-05-21 08:00