Red Lobster Reportedly Considering Filing for Bankruptcy, Jokes Fly
by TMZ
TMZ— Red Lobster is reportedly mulling over bankruptcy, and while this is far from the end for them as a business some online are certainly treating it that way, with jokes galore. According to Bloomberg, the famous seafood restaurant chain is…
People—Red Lobster Is Considering Bankruptcy Partly Due to $11 Million Loss from Endless Shrimp Deal: Report. Red Lobster is considering a Chapter 11 bankruptcy filing, according to a new report, after the business previously reported a $12.5 million operating loss in the fourth quarter of 2023
@HipHopWired—Red Lobster Reportedly Muling Filing For Bankruptcy, X Users Worry About Losing Cheddar Bay Biscuits. Source: Roberto Machado Noa / Getty / Red Lobster Red Lobster possibly going out of business? Say it ain’t so. Folks on social media are panicking right now because they might have to find another spot to enjoy cheddar bay biscuits and endless crab legs for graduation day, Mother’s Day or after Easter service. Spotted on TMZ via Bloomberg, iconic seafood restaurant chain Red Lobster is mulling bankruptcy as the company tries to figure out how to restructure its debt and other expenses, including...
BroBible—Red Lobster Is Reportedly On The Verge Of Bankruptcy So Get Your Cheddar Bay Biscuits While You Still Can. The restaurant industry is a notoriously difficult realm to thrive in, and it sounds like Red Lobster has been confronted by that reality based on a report that says the chain is on the verge of filing for bankruptcy. In 1968, the first Red Lobster restaurant opened up its doors in Lakeland, Florida and didn’t […]