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The popular US seafood chain is sinking in the wake of strategic missteps and economic pressures. However, experts see a chance to reel in success with innovative rebranding and strategic management. ....
The 56-year-old seafood chain Red Lobster says inflation, bad leases and money-losing all-you-can-eat promotions forced a Chapter 11 filing while it seeks new ownership. ....
Red Lobster seeks bankruptcy protection days after closing dozens of restaurants, including 2 in Hampton Roads dailypress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailypress.com Daily Mail and Mail on Sunday newspapers.