Despite its shiny red exoskeleton and reputation as a bug of the sea, the lobster — though far from the world’s strangest delicacy — has long reigned as an unlikely luxury staple.

Red Lobster is exiting Chapter 11 bankruptcy with new owners and a new CEO. Chris Katje S&P 500, Nasdaq 100 Extend 8-Session Winning Streak As Wall Street Jitters 'Go Poof': Monday's Key Stock ...

Tony Christofellis (all further quotes are from him ... which is why they started with lobster, which is considered a premium meal, that they have made available at a lower price than most ...

Red Lobster was cleared to exit bankruptcy several months after financial woes compelled the seafood restaurant chain to close dozens of locations and file for Chapter 11. Part of the blame was ...

Red Lobster plans to close nearly two dozen more restaurants in coming days as the bankrupt seafood chain prepares to be acquired. Known for its affordable seafood and cheddar bay biscuits ...

The green light arrives under just four months after Red Lobster filed for bankruptcy protection as it pursued a sale, following years of mounting losses and dwindling customers while it struggled ...

Red Lobster is shuttering another 23 locations across several states as the restaurant chain continues its reorganization through its ongoing Chapter 11 bankruptcy. The seafood chain announced in ...

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Roughly two dozen more Red Lobster locations are scheduled to close within the coming days as part of the seafood restaurant chain’s ongoing bankruptcy proceedings. A recent court filing shows ...

The locations are set to be shuttered by Saturday, August 31 Luke Sharrett/Bloomberg/Getty Red Lobster is shuttering over 20 more of its restaurants across the country. According to a court filing ...

Your donation makes it possible for us to keep doing this important work, keeping you informed every step of the way to the November election Once the closure is finished, Red Lobster will operate ...