seafood

Workforce

California Red Lobster employees sue chain over mass layoffs

A lawsuit alleges that the seafood chain did not give staff enough notice before closing nearly 100 restaurants last month.

Financing

Red Lobster could close more than 100 additional restaurants if it can't renegotiate leases

The 570-unit seafood chain already closed nearly 100 locations before filing for bankruptcy in May. But it may have to close others if it can't get better terms on lease payments.

As it heads for bankruptcy and a probable sale, the seafood restaurant chain laid out a turnaround strategy that includes tech upgrades and more “sensible” menu promotions.

The wave of at least 99 closures across the country comes as the seafood chain is reportedly planning to file for bankruptcy.

Thai Union Group is “actively engaged” in negotiations with potential buyers for its stake in the struggling seafood chain.

The struggling seafood chain is hoping Chapter 11 protection will help it restructure its debt while keeping its restaurants operating, according to Bloomberg.

The bar chain has added food from Krispy Rice at 140 locations in a bid to appeal to younger consumers.

As consumers continue to prioritize sustainability and environmentally friendly foods, menuing seafood that’s traceable is a great way to appeal to diners.

The state-of-the-art facility in Milford, Mass., replaces Legal’s aging Quality Control Center and will house a growing ecommerce business, among other operations.

The two-story restaurant on Chicago’s riverfront will be the chain’s first outside the East Coast in its 73-year history.

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