Red Lobster Archives - Net News Update

Red Lobster is a mess. Here’s why the new 35-year-old CEO wanted the job anyway.

Noah Perreault
6 October 2024
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Videos of customers indulging in the $20 endless shrimp deal are flooding TikTok. Meanwhile, Red Lobster is grappling with more than 100 restaurant closures, thousands […]

What lies ahead for Red Lobster in Canada?

Noah Perreault
27 May 2024
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A legal representative for Red Lobster’s Canadian operations has announced plans to petition an Ontario court for recognition and enforcement of the restaurant chain’s Chapter […]

Red Lobster Investigates Decline in ‘Endless Shrimp’ Sales Following Bankruptcy Declaration

Noah Perreault
21 May 2024
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Red Lobster, having filed for Chapter 11 bankruptcy in Florida on Sunday evening, is delving into the involvement of its majority owner Thai Union in […]

Red Lobster Contemplates Bankruptcy Amidst $11 Million Loss Linked to Endless Shrimp Promotion

Noah Perreault
18 April 2024
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Red Lobster Contemplates Chapter 11 Bankruptcy Amid Mounting Debt, Sources Say Reports suggest that Red Lobster is weighing the option of filing for Chapter 11 […]