Nigerian American Damola Adamolekun was recently appointed as Red Lobster’s new CEO to guide the company through its restructuring process. Red...

NEW YORK (AP) — After months of dozens of restaurant closings and headlines about “endless shrimp” woes, Red Lobster is poised to soon exit from...

NEW YORK (AP) — After months of dozens of restaurant closings and headlines about “endless shrimp” woes, Red Lobster is poised to soon exit from...

NEW YORK (AP) — After months of dozens of restaurant closings and headlines about “endless shrimp” woes, Red Lobster says it will soon exit from...

NEW YORK (AP) — After months of dozens of restaurant closings and headlines about “endless shrimp” woes, Red Lobster says it will soon exit from...

TORONTO — A Canadian court has cleared the reorganization plan of Red Lobster that will see the seafood chain exit bankruptcy.

The Italian-inspired eatery that replaced The Witch’s Cauldron on Subiaco’s Rokeby Road five years ago quietly closed its doors at the end of...

Tupperware Brands and some of its subsidiaries filed for Chapter 11 bankruptcy protection on Tuesday, the food container firm said in a statement.The...

Tupperware Brands and some of its subsidiaries filed for Chapter 11 bankruptcy protection on Tuesday, the food container firm said in a statement.The...

Discount retailer Big Lots announced on Monday that it has filed for Chapter 11 bankruptcy protection. The filing will result in more store...