The seafood chain filed for bankruptcy on May 19 The CEO of Red Lobster's parent company said he will never eat lobster again after the chain was forced to file for bankruptcy days after closing 100 locations. Thai Union is the largest shareholder of the seafood chain - and former Red Lobster employees claimed that the parent company's 'incompetence' destroyed …
Red Lobster customers have taken to social media to say goodbye to the beloved chain as it edges towards bankruptcy. pic.twitter.com/rCoepfTcVW — teatime75 May 14, 2024 Day One of the Red Lobster bankruptcy proceedings and the lobsters have already disrupted order in the court pic.twitter.com/90HVLddbkx — High Yield Harry May 15, 2024 fly high, silver spring red lobster 🕊️ pic.twitter.com/8NU1Yg7GG1 …
Red Lobster faced a staggering $11 million loss in the third quarter of 2023 - which the company's CFO is blaming on the restaurant's all you can eat shrimp deal. Red Lobster faced a staggering $11 million loss in the third quarter - which the company's CFO is blaming on the restaurant's all you can eat shrimp deal Red Lobster …