seafood

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

By Joe Guszkowski on May 31, 2024

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.

Operations

How Red Lobster plans to get back on its feet

By Joe Guszkowski on May 23, 2024

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.

Financing

Red Lobster closes dozens of locations nationwide as bankruptcy looms

By Joe Guszkowski on May 13, 2024

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

Financing

Red Lobster owner expects to sell its share of the chain this year

By Joe Guszkowski on May 09, 2024

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

Financing

Report: Red Lobster is preparing for bankruptcy filing

By Heather Lalley on Apr. 16, 2024

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

Food

TGI Fridays plans to make millions by serving sushi

By Joe Guszkowski on Oct. 16, 2023

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

Food

Increase sales by serving customers Seafood With Integrity

Sponsored content from our partner Northern Wind LLC on Oct. 06, 2023

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

Operations

Legal Sea Foods to open innovation center outside Boston

By Joe Guszkowski on Oct. 03, 2023

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.

Operations