Red Lobster shuts down 40 restaurants | Is the food chain filing for bankruptcy protection?

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Reports foreshadow Red Lobster plans to file for bankruptcy protection, as it shuts down 40 stores in the U.S. Heather Wright reports.

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10 COMMENTS

  1. The last time we ate at a RL was about 4 months ago. I remember thinking how empty the place was at dinner time. You take a couple having dinner there with a couple of drinks, plus a tip and you got a $100 tab. Toss in a couple of kiddos and you racked up a $150 ticket for dinner. With the economy the way it is, the average family or couple aint eating out, especially at high priced RL.

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