Red Lobster filed for Chapter 11 in May after years of weak growth amid mounting competition from fast-casual chains, heavy debt and mismanagement. After the latest streamlining, Red Lobster will ...

Red Lobster wants to close several dozen more restaurants following its bankruptcy, and it has identified which ones are in danger of shutting down if the court approves its plan.

Red Lobster has decided to reject 23 leases for stores it sees as a burden. The looming closures span more than a dozen states, including Florida.

Red Lobster's website lists 99 restaurant locations as closed. Here's a full list, including a state-by-state breakdown, of closed locations.

Red Lobster, which is saddled with hundreds of millions of dollars in debt, filed for Chapter 11 bankruptcy in Florida on May 19. Getty Images If Red Lobster wants to continue operating in Times ...

Red Lobster said Thursday that it expects to operate about 544 locations across the US and Canada upon emerging from bankruptcy. That’s down from 578 disclosed as of May’s filing.

Red Lobster is in the process of selling itself to Fortress Credit Corp., a lender experienced in restaurant management that also owns Krystal, Logan's Roadhouse and J. Alexander's.

Red Lobster is rolling out new menu changes in an effort to excite seafood lovers — including those on TikTok. Damola Adamolekun, the restaurant chain’s new 35-year-old CEO, revealed the ...

Red Lobster said each of the seafood chain’s 545 restaurants across the U.S. started using the new menu on Monday. The notorious endless shrimp deal, however, is not part of it.