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Lobster

Wendy’s, Denny’s, and Red Lobster to Close Locations in 2024

January 1, 2025
Wendy's, Denny's, Red Lobster close locations in 2024

A Year of Challenge for the Restaurant Industry: 2024 Closures and Trends As we’ve approached the end of 2024, the restaurant industry has faced a turbulent year, forcing many chains to shutter underperforming locations in … Read more

Categories Business News Tags Close, Dennys, Lobster, locations, Red, Wendys

The Impact of Private Equity on Red Lobster

May 24, 2024
How private equity rolled Red Lobster

**Title: The Impact of Wall Street Wizardry on Red Lobster’s Downfall** Are you in shock over the sudden closure of your beloved Red Lobster location? Well, you’re not alone. The recent bankruptcy filing and closure … Read more

Categories Finance Tags equity, Impact, Lobster, Private, Red

Red Lobster seeks Chapter 11 bankruptcy protection

May 21, 2024
Red Lobster files for Chapter 11 bankruptcy protection

Red Lobster Faces Chapter 11 Bankruptcy: What Went Wrong and What’s Next In a surprising turn of events, Red Lobster has filed for Chapter 11 bankruptcy protection as the seafood chain continues its efforts to … Read more

Categories Business News Tags Bankruptcy, Chapter, Lobster, protection, Red, seeks

Red Lobster on the lookout for a buyer to prevent bankruptcy filing

April 27, 2024
Red Lobster seeks a buyer as it looks to avoid bankruptcy filing

Introducing Extreme Investor Network’s latest Business News blog post: Red Lobster Seeking Buyer to Avoid Bankruptcy In a recent development, seafood chain Red Lobster is actively seeking a buyer to avoid filing for bankruptcy, according … Read more

Categories Business News Tags Bankruptcy, buyer, filing, Lobster, lookout, prevent, Red

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