Darden is setting Red Lobster adrift, but betting that it can still turn around Olive Garden’s fortunes. The company, based in Orland, Florida, said Friday that it would sell its seafood chain to ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. (NEXSTAR) – On Thursday, Red Lobster ...

Seafood chain Red Lobster has launched a fire sale amid the closure of at least 48 of its locations across the United States, with the restaurants' contents now available from just $1,600. The online ...

After months of dozens of restaurant closings and headlines about “endless shrimp” woes, Red Lobster is poised to soon exit from Chapter 11 bankruptcy protection.A U.S. bankruptcy judge on Thursday ...

Parties in the Red Lobster Chapter 11 bankruptcy case achieved a significant milestone. The mood in the Orlando courtroom where the Red Lobster Management LLC bankruptcy case is being heard was just a ...

It's time for us to take our weekly look at the Cape Cod Times news roundup. Like always, we have gathered all of this past week's top stories on the Cape Cod Times website and organized them in an ...

(NEXSTAR) – On Thursday, Red Lobster announced its upcoming acquisition by an entity known as RL Investor Holdings LLC, after the plan was approved by a U.S. bankruptcy judge amid the restaurant chain ...