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May 23, 2024 · Red Lobster's parent company plans to ask an Ontario court to have the restaurant chain's U.S. bankruptcy recognized and enforced in Canada. While the chain's growth in Canada has been relatively ...
Sep 10, 2024 · The restructuring plan is expected to allow all 27 restaurant locations in Canada to remain open. A Canadian court has cleared the reorganization plan of Red Lobster that will see the seafood ...
May 14, 2024 · The Florida-based casual dining seafood chain is reportedly sinking due to onerous leases and labour costs. Last month, Bloomberg reported the restaurant was considering filing for Chapter 11 bankruptcy. Red Lobster has since temporarily closed at least over 87 locations across the US, according to USA Today.
Sep 12, 2024 · The Red Lobster location in Calgary is shown on May 28. The company's restructuring will see a few dozen restaurants immediately close, but so far affecting only locations outside of Canada.
May 28, 2024 · Ontario judge to uphold Red Lobster's U.S. bankruptcy case in Canada. An Ontario judge says he will issue an order later today that recognizes and enforces Red Lobster’s U.S. bankruptcy ...
Sep 11, 2024 · Red Lobster was founded in 1968 in the U.S. and expanded into Canada in 1983. The chain employs about 2,000 people in Canada, mostly across Ontario, with restaurant locations also in Calgary ...
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May 21, 2024 · Red Lobster has filed for Chapter 11 bankruptcy protection, the company announced in a press release Sunday. The Florida-based seafood chain — which made all-you-can-eat shrimp possible and has ...
