Roughly two dozen more Red Lobster locations are scheduled to close within the coming days as part of the seafood restaurant chain’s ongoing bankruptcy proceedings.A recent court filing shows that the ...
Red Lobster has cut some of its corporate-level workforce and is working to renegotiate costly leases pressuring its post-bankruptcy plan to return to steady profitability, according to people with ...
Of course it’s risky,” Damola Adamolekun told Fortune’s Ruth Umoh. “I took over a company that’s bankrupt and had a lot of ...