For the past few weeks there has been many conversations about Red Lobster. A few have been that the company may be closing it’s doors, there have been situations where employees have shown up to work and the doors were locked. Now the company has announced that it has filed for bankruptcy. So can we get that delicious cheddar bay biscuit recipe before you go?

Red Lobster has filed for bankruptcy.

The company said it had over $1 billion in debt and less than $30 million in cash on hand. pic.twitter.com/hIci8rcK0t

— Pop Crave (@PopCrave) May 20, 2024