India  

Red Lobster considers bankruptcy: reports

PIX 11 Thursday, 18 April 2024 ()
NEW YORK (PIX11) – The popular restaurant chain, Red Lobster, is considering filing for bankruptcy, according to Bloomberg. Debt issues and expenses like labor costs are to blame, the report said. A bankruptcy filing doesn't necessarily mean that Red Lobster will disappear, but will give the chain an opportunity to restructure its debt.
0
shares
ShareTweetSavePostSend
 

You Might Like