Coverage dated May 13, 2024 to May 14, 2024

Red Lobster closes multiple locations, prepares to file for bankruptcy

Headline from ABC 13 Houston, from the development of May 14, 2024

Newest development May 15, 2024 · 3 reportsRed Lobster preparing for bankruptcy after closing dozens of restaurants

Red Lobster is filing for Chapter 11 bankruptcy and selling off items from newly closed restaurants at auction.

ABC 13 Houston's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Developments in this update

2 dated developments, oldest first, newest marked. Each is named by one outlet's own headline; open its reports to see every outlet that covered it.

  1. Names this update

    Red Lobster closes multiple locations, prepares to file for bankruptcy

    Headline from ABC 13 Houston ·

  2. Newest

    Red Lobster preparing for bankruptcy after closing dozens of restaurants

    Headline from BNO News ·

Reports & sources

9 articles, oldest first.

  1. Las Vegas Review-Journal

    Red Lobster closing dozens of restaurants as bankruptcy looms (opens Las Vegas Review-Journal)

    Published

    Las Vegas Review-Journal's feed description

    Red Lobster is reportedly closing dozens of restaurants across the country as its bankruptcy looms.

  2. FOX Business

    Red Lobster closing dozens of locations as bankruptcy possibilities loom (opens FOX Business)

    Published

    FOX Business's feed description

    Seafood restaurant chain Red Lobster is closing dozens of locations in states across the country as the possibility of filing for bankruptcy looms for the iconic brand.

  3. Quartz

    Red Lobster is closing dozens of restaurants as it faces possible bankruptcy (opens Quartz)

    Published

    Quartz's feed description

    A liquidator says it is auctioning off the contents of 50 locations

  4. Forbes

    Red Lobster Mass Closings: Here (opens Forbes)

    Published

    Forbes's feed description

    The seafood chain is reportedly considering bankruptcy in an effort to restructure its debt.

  5. Fortune

    Red Lobster shut down nearly 50 locations and it's quickly auctioning off the contents (opens Fortune)

    Published

    Fortune's feed description

    Move comes as bankruptcy chatter swirls.

  6. New York Post

    Red Lobster hired auction company ‘very recently’ before shutting 50 restaurants, may file for bankruptcy next week: sources (opens New York Post)

    Published

    New York Post's feed description

    The nation's largest seafood chain -- known for its all-you-can-eat shrimp deal -- recently informed vendors that a Chapter 11 filing was imminent after it had failed to find a buyer or reel in new investors, one large vendor told The Post.

  7. ABC 13 Houston

    Red Lobster closes multiple locations, prepares to file for bankruptcy (opens ABC 13 Houston)

    Published

    ABC 13 Houston's feed description

    Red Lobster is filing for Chapter 11 bankruptcy and selling off items from newly closed restaurants at auction.

  8. Insider

    Red Lobster could file for bankruptcy this month following the closure of 50+ stores: WSJ (opens Insider)

    Published

    Insider's feed description

    Red Lobster could file for Chapter 11 bankruptcy protection in Orlando in May. The company's financial missteps include its Endless Shrimp promotion.

  9. BNO News

    Red Lobster preparing for bankruptcy after closing dozens of restaurants (opens BNO News)

    Published

    BNO News's feed description

    Red Lobster, the seafood chain which suddenly closed dozens of restaurants across the United States, is expected to file for bankruptcy as early as next week, according to the Wall Street Journal. People familiar with the plans told the newspaper on late Tuesday that the company is preparing to file…

Red Lobster closes multiple locations, prepares to file for bankruptcy | Since Then