Posts : 8855 Join date : 2022-08-13 Location : Vermont
Subject: Red Lobster Thu 18 Apr 2024 - 5:07
According to a report by Bloomberg citing people familiar with the discussions, Red Lobster is weighing a Chapter 11 bankruptcy filing to renegotiate burdensome leases and address other long-term contracts as well as rising labor costs.
The outlet reported that the seafood restaurant chain is being advised by law firm King & Spalding on the subject, and that discussions about restructuring are ongoing and no final decisions have been made about a bankruptcy filing. ------------------------------------------------------------ Seafood has gotten too expensive. If I'm going to spend $100 on dinner, it isn't going to be at a chain restaurant. Something has to give eventually.
Do you eat at Red Lobster?
Vince
Posts : 3819 Join date : 2022-08-13 Age : 23 Location : Indiana
Subject: Re: Red Lobster Thu 18 Apr 2024 - 7:28
Red Lobster isn't the same, like many things especially food places, it has gone downhill. At least to me it has, maybe my taste has changed. I have stopped in for their weekday lunch specials, but it is still expensive.
Lämmchen
Posts : 2141 Join date : 2022-08-15
Subject: Re: Red Lobster Thu 18 Apr 2024 - 9:46
I haven't eaten at Red Lobster in probably 20 years. I never cared for seafood.
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Thu 18 Apr 2024 - 5:07
