Red Lobster expected to file for bankruptcy after closing dozens of restaurant locations
by Mike Bedigan
May 15, 2024
2 minutes
Red Lobster is expected to file for bankruptcy as early as next week, after recently announcing the closure of dozens of restaurants across the US, according to a report.
The faced serious financial damage done by a $20 “endless ” promotion that proved unexpectedly popular with customers, and reportedly cost it millions of dollars
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