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Red Lobster

Red Lobster Revival? Restaurant Chain Exits Bankruptcy With $60M In Funding, New CEO Red Lobster Revival? Restaurant Chain Exits Bankruptcy With $60M In Funding, New CEO
Red Lobster Revival? Restaurant Chain Exits Bankruptcy With $60M In Funding, New CEO Four months after its Chapter 11 filing, restaurant chain Red Lobster says it has exited bankruptcy led by new management. The company announced on Monday, Sept. 16 that it's been acquired by lender group RL Investor Holdings with $60 million in new funding backed by Fortress Investment Group. Damola Adamolekun, former chief executive officer at Asian fusion casual dining chain P.F. Chang’s, is now running Red Lobster. The move comes after the chain, founded in 1968, abruptly closed dozens of locations earlier this year. It still has 544 locations across 44 US states and four provinces in…
Updated List Of Scheduled Red Lobster Closures Includes 5 New NY Locations Updated List Of Scheduled Red Lobster Closures Includes 5 New NY Locations
Updated List Of Scheduled Red Lobster Closures Includes 5 New NY Locations Red Lobster plans to close more restaurants just weeks after it filed for bankruptcy, according to a new report. In a bankruptcy petition filed on Sunday, May 19, the company listed assets of $1 billion and liabilities of $10 billion. Days before the filing, dozens of Red Lobster locations were listed as "temporarily closed" on the company's website, including these New York locations: Kingston, Scarsdale, Nanuet, Poughkeepsie, Stony Brook In an updated list of closures reported by CNN on Thursday, June 6, five new locations in New York have been added to the list, including it…
Red Lobster Files For Bankruptcy After Abruptly Closing Dozens Of Restaurants Red Lobster Files For Bankruptcy After Abruptly Closing Dozens Of Restaurants
Red Lobster Files For Bankruptcy After Abruptly Closing Dozens Of Restaurants Red Lobster has filed for bankruptcy just days after closing dozens of its restaurants. In its bankruptcy petition filed on Sunday, May 19, the company listed assets of $1 billion and liabilities of $10 billion. The filing stated that the company "intends to use the proceedings to drive operational improvements, simplify the business through a reduction in locations, and pursue a sale of substantially all of its assets as a going concern." The company said restaurants not listed as "temporarily closed" on its website will remain "open and operating as usual during the Chapter 11 process."…
Red Lobster Abruptly Closes Dozens Of Restaurants, Including Westchester Location Red Lobster Abruptly Closes Dozens Of Restaurants, Including Westchester Location
Red Lobster Abruptly Closes Dozens Of Restaurants, Including Westchester Location Fast-casual seafood restaurant Red Lobster has abruptly closed dozens of its restaurants. The company is also considering filing for bankruptcy protection, according to a CNN report. On its website, Red Lobster lists many of its restaurants as being "temporarily closed," including these New York locations: Kingston, Scarsdale, Nanuet, Poughkeepsie, Stony Brook No closures are currently listed for Connecticut or Massachusetts restaurants. Founded in 1968, Red Lobster has around 600 restaurants in the United States, Canada, and overseas. According to another CNN report, Red Lobster's prob…
New Long Island Sushi Bar Cited For 'City-Like Dining Experience' New Long Island Sushi Bar Cited For 'City-Like Dining Experience'
New Long Island Sushi Bar Cited For 'City-Like Dining Experience' A new sushi bar on Long Island is quickly gaining favor with foodies. Located in Carle Place, Ocean Code Handroll Bar has been serving up a healthy selection of traditional Japanese dishes since March 2022. Adorning their menu is a colorful array of sushi and sashimi dishes, along with several rice and noodle bowls mixed with vegetables. Diners will also find plenty of tapas, or appetizers, like shrimp tempura, gyoza, and fried oysters. A check of the restaurant’s Yelp page shows some customer favorites, including the Karaage, made with boneless chicken thighs, and the squid sashimi. O…
Long Island Couple Accused Of Operating Major Drug Operation Long Island Couple Accused Of Operating Major Drug Operation
Long Island Couple Accused Of Operating Major Drug Operation A local couple has been indicted for allegedly running a high-level crack cocaine and powder cocaine trafficking operation on Long Island.  Suffolk County District Attorney Timothy D. Sini and the District Attorney’s Heroin Task Force announced on Monday, Sept. 13, the indictment of the Ronkonkoma couple being major players in the illegal drug business.  “These defendants are each charged with a top count of Operating as a Major Trafficker, which is a serious charge for serious drug traffickers,” Sini said. “They used the profits of their alleged drug trafficking operation to fund…
New Red Lobster Will Take Over Joe’s Crab Shack Space At Tanger Outlets In Deer Park New Red Lobster Will Take Over Joe’s Crab Shack Space At Tanger Outlets In Deer Park
New Red Lobster Will Take Over Joe’s Crab Shack Space At Tanger Outlets In Deer Park A Red Lobster restaurant is coming to Tanger Outlets in Deer Park, taking over a building that was formerly occupied by Joe's Crab Shack. Joe's closed in 2017 and the new restaurant at 1700 Arches Circle will open in September, said Nancy Larson, Tanger Outlets general manager. The freestanding eatery will be the seventh Red Lobster on Long Island. Other locations are Copiague, Elmont, Hicksville, Ronkonkoma, Stony Brook, and Valley Stream.  The large restaurant chain is famously known for its Cheddar Bay Biscuits and reasonably priced food combinations with seasonal special…