The chain restaurant closed in August 2024. A new medical facility will open in its place, the hospital group said.

Of course it’s risky,” Damola Adamolekun told Fortune’s Ruth Umoh. “I took over a company that’s bankrupt and had a lot of ...

Red Lobster has cut some of its corporate-level workforce and is working to renegotiate costly leases pressuring its post-bankruptcy plan to return to steady profitability, according to people with ...

U.S. restaurant chain Red Lobster is reportedly laying off around 200 restaurant-level employees, even as foot traffic has ...

Red Lobster is encouraging customers to come in for drinks during the holidays with its 12 Days of Cocktails promotion. From Dec. 25 through Jan. 5, the casual-dining seafood chain is offering the ...

Red Lobster isn't the only restaurant that offers biscuits before your meal; they just do it best. But you should know this ...

Khristopher J. Brooks is a reporter for CBS MoneyWatch. He previously worked as a reporter for the Omaha World-Herald, Newsday and the Florida Times-Union. His reporting primarily focuses on the U.S.

(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 ...

The restaurant chain took to its Instagram to confirm that it will be open on December 25. They wrote in the caption: "POV: you’re booked and buttered for the holidays. We’re open December 24-25, so ...

Lobsterfest has returned at Red Lobster and the company is celebrating in a big way. Red Lobster announced in a news release last week it is offering 150 customers across the country the chance to ...