Red Lobster could file for Chapter 11 bankruptcy protection next week, per The Wall Street Journal. The restaurant chain, burdened with hundreds of millions in debt, recently shut down 52 stores.

Red Lobster, the casual dining chain that won fans with inventions like popcorn shrimp and “endless” seafood deals, has filed for Chapter 11 bankruptcy protection. The 56-year-old chain made ...

Red Lobster, TGI Fridays and Buca di Beppo also filed for bankruptcy in the last year. Meanwhile, sales at Denny's, Applebee's, Outback Steakhouse, Bonefish Grill, Red Robin and Cracker Barrel's ...

Red Lobster has filed for bankruptcy protection and will sell its assets. WSJ explains what went wrong for the seafood restaurant chain. News moves fast, and there's not always time to untangle ...

Popular national discount retailer Big Lots will close between 35 and 40 stores this year as it mulls bankruptcy ... to file for bankruptcy protection. Others include Red Lobster, Rite Aid ...

The closures and bankruptcy action could affect consumers’ ability to redeem Red Lobster rewards, loyalty points, coupons, and unused gift cards, Henry said. “Consumers who have rewards or ...