Red Lobster Files For Bankruptcy Protection

AUSTIN, TEXAS - MAY 20: The Red Lobster logo displayed near a Red Lobster restaurant on May 20, 2024 in Austin, Texas. Red Lobster has filed for Chapter 11 bankruptcy protection after a failed lease-back agreement and "endless shrimp" promotion backfired against company revenue. (Photo by Brandon Bell/Getty Images)
Red Lobster Files For Bankruptcy Protection