Red Lobster News 2024. Fans have taken to social media over the last few weeks to share their love of red lobster, pleading to #savethebiscuits, while reminiscing about their most cherished memories dining at the. Red lobster filed for chapter 11 bankruptcy sunday, and it plans to sell.
Red lobster is turning the page on its worst days as the struggling seafood restaurant chain prepares to emerge from bankruptcy. Red lobster, the poster child for american seafood, was dragged down by corporate mismanagement, competition and consumer shifts.