That's why I have a drinking problem..................
Posted on 04/16/2024 6:40:18 PM PDT by Zhang Fei
Red Lobster is reportedly considering filing for bankruptcy to relieve financial pressures that have weighed on the company.
According to a report by Bloomberg citing people familiar with the discussions, Red Lobster is weighing a Chapter 11 bankruptcy filing to renegotiate burdensome leases and address other long-term contracts as well as rising labor costs.
The outlet reported that the seafood restaurant chain is being advised by law firm King & Spalding on the subject, and that while discussions about restructuring are ongoing and that no final decisions have been made about a bankruptcy filing.
By filing for Chapter 11 bankruptcy, the company could continue to operate while it works with creditors and investors to put in place a debt reduction plan that would allow it to head into the future on a better financial footing.
(Excerpt) Read more at foxbusiness.com ...
CC
I used to get their New York Strip when I’d go with my parents.
Back about 1980 or so.
I’m still trying to figure out the last time I was at a Rax Roast Beef and what I got. I guess a roast beef sandwich, duh. But that was a long time ago.
Back when there were various “Big Boy” franchises.
And Nickerson Farms.
And Taco Tico.
[I haven’t gotten over Macho Grande!..........]
Oh. When will you be back?
My friend always called it “Red Dumpster”
I’ll never get over Macho Grande!.........................
That's why I have a drinking problem..................
Haven’t heard Tyler, TX, mentioned in a long, long time. I was stationed in Germany, 1966-67, one of the Com Center guys, was from Kilgore, TX. He always mentioned the Tyler Drill Team.
Another one bites the dust?
All restaurants will eventually be Taco Bells.
Maybe they outta serve hamburgers and hotdogs.
Red Lobster is horrible...and yes, I’m a seafood lover.
Maybe they outta serve hamburgers and hotdogs.
https://www.redlobster.com/menu/bowls-sandwiches/bacon-cheeseburger
https://www.redlobster.com/menu/bowls-sandwiches/classic-caesar-salad-with-grilled-chicken
The cheddar biscuits were the only good thing about them.
I know.
Yes, it was once a favorite of mine and the hubby’s. Now I make better seafood at home.
You can buy the cheddar bay biscuits frozen they are excellent!!!
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