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 reports Red 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.
May 14, 2024 Names this update
Red Lobster closes multiple locations, prepares to file for bankruptcy
Headline from ABC 13 Houston · 6 reports in this development
May 15, 2024 Newest
Red Lobster preparing for bankruptcy after closing dozens of restaurants
Headline from BNO News · 3 reports in this development
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9 articles, oldest first.
Las Vegas Review-Journal
Red Lobster closing dozens of restaurants as bankruptcy looms ↗ (opens Las Vegas Review-Journal) Published May 13, 2024
Las Vegas Review-Journal's feed description Red Lobster is reportedly closing dozens of restaurants across the country as its bankruptcy looms.
FOX Business
Red Lobster closing dozens of locations as bankruptcy possibilities loom ↗ (opens FOX Business) Published May 13, 2024
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.
Quartz
Red Lobster is closing dozens of restaurants as it faces possible bankruptcy ↗ (opens Quartz) Published May 13, 2024
Quartz's feed description A liquidator says it is auctioning off the contents of 50 locations
Forbes
Red Lobster Mass Closings: Here ↗ (opens Forbes) Published May 13, 2024
Forbes's feed description The seafood chain is reportedly considering bankruptcy in an effort to restructure its debt.
Fortune
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 May 14, 2024
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.
ABC 13 Houston
Red Lobster closes multiple locations, prepares to file for bankruptcy ↗ (opens ABC 13 Houston) Published May 14, 2024
ABC 13 Houston's feed description Red Lobster is filing for Chapter 11 bankruptcy and selling off items from newly closed restaurants at auction.
Insider
Red Lobster could file for bankruptcy this month following the closure of 50+ stores: WSJ ↗ (opens Insider) Published May 14, 2024
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.
BNO News
Red Lobster preparing for bankruptcy after closing dozens of restaurants ↗ (opens BNO News) Published May 14, 2024
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…