Your current location:HOME >opinions >Red Lobster seeks bankruptcy protection after closing some restaurants 正文
TIME:2024-05-21 10:10:29 Source: Internet compilationEdit:opinions
Red Lobster, the casual dining chain that brought seafood to the masses with inventions like popcorn
Red Lobster, the casual dining chain that brought seafood to the masses with inventions like popcorn shrimp and “endless” seafood deals, has filed for Chapter 11 bankruptcy protection.
The 56-year-old chain made the filing late Sunday, days after shuttering dozens of restaurants.
“This restructuring is the best path forward for Red Lobster. It allows us to address several financial and operational challenges and emerge stronger and re-focused on our growth,” said Red Lobster CEO Jonathan Tibus, a corporate restructuring expert who took the top post at the chain in March.
Red Lobster said it will use the bankruptcy proceedings to simplify its operations, close restaurants and pursue a sale. As part of the filings, Red Lobster has entered into a so-called “stalking horse” agreement, meaning it plans to sell its business to an entity formed and controlled by its lenders.
Georgia Republicans choose Amy Kremer, organizer of pro2024-05-21 09:45
Tighter U.S. chip curbs prompting concerns2024-05-21 09:35
China's generative AI firms rush to enter commercialization amid domestic innovation2024-05-21 09:19
Advancing new industrialization, modernization2024-05-21 08:51
Ohio judge to rule Monday on whether the state’s abortion ban stands2024-05-21 08:17
Qiang sheep2024-05-21 08:09
China makes continuous efforts to protect intangible cultural heritage2024-05-21 07:50
Red lanterns set for Chinese Lunar New Year in Kuala Lumpur, Malaysia2024-05-21 07:38
Young Boys seals 6th Swiss soccer league title in 7 years after rallying from firing coach Wicky2024-05-21 07:37
China's generative AI firms rush to enter commercialization amid domestic innovation2024-05-21 07:24
Pope trip to Luxembourg, Belgium confirmed for September, 2 weeks after challenging Asia visit2024-05-21 10:09
In pics: women wearing Burang clothes in Tibet2024-05-21 09:56
International hot air balloons festival opens in Gansu2024-05-21 09:24
Power generation capacity and investment increases in China2024-05-21 09:24
What's next for Iran after death of its president in crash?2024-05-21 09:21
Chinese FM Spokesperson's Remarks on Xi's Upcoming Trip to the United States2024-05-21 08:40
Palestinian girls practice Chinese martial arts in West Bank2024-05-21 08:33
Shanghai, Beijing, other cities improve foreigners' payment service2024-05-21 08:29
Shooting injures 2 at Missouri high school graduation ceremony2024-05-21 08:15
China makes continuous efforts to protect intangible cultural heritage2024-05-21 07:36