Bad news for fans of unlimited shrimp: Red Lobster, which considered bankruptcy in April, has abruptly closed 87 restaurants temporarily in 27 states the week of May 13. While the closures are ...
Red Lobster is closing restaurants across the United States after filing for bankruptcy on Sunday, citing $1 billion in debt and sagging cash flows. The ubiquitous seafood chain, known for its cheddar ...
Bill Darden opened the first Red Lobster restaurant in 1968 in Lakeland, Florida, intending to make fresh seafood accessible and affordable to everyone, even those who do not live by the coast. Since ...
"Endless Shrimp" may be gone forever — or at least the foreseeable future — but Red Lobster is rolling out a new shrimp promotion that aims to deliver value without the financial pitfalls that ...
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