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Red Lobster is an American casual dining restaurant chain with 649 locations worldwide, mainly in the US and Canada. It was founded in 1968, acquired by Darden Restaurants in 1995, and sold to Thai Union in 2020. In 2024, it filed for bankruptcy and closed 99 restaurants.
Red Lobster is turning the page on its worst days as the struggling seafood restaurant chain prepares to emerge from bankruptcy. On Thursday, a U.S. judge approved the company's reorganization ...
After months of dozens of restaurant closings and headlines about “endless shrimp” woes, Red Lobster says it will soon exit from Chapter 11 bankruptcy protection. A U.S. bankruptcy judge on ...
In May, Adamolekun began visiting Red Lobsters around the U.S., snacking on crab legs, Maine lobster tail, and its famed Cheddar Bay biscuits, the Wall Street Journal reported. But Adamolekun’s ...
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. The firm ...
Thai Union Group is a public company listed on the Stock Exchange of Thailand that produces and sells various seafood products worldwide. It has a history of acquisitions, brand portfolio, financial performance and sustainability issues.
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