Red Lobster possibly going out of business? Say it ain’t so.
Folks on social media are panicking right now because they might have to find another spot to enjoy cheddar bay biscuits and endless crab legs for graduation day, Mother’s Day or after Easter service.
Spotted on TMZ via Bloomberg, iconic seafood restaurant chain Red Lobster is mulling bankruptcy as the company tries to figure out how to restructure its debt and other expenses, including restaurant leases and rising labor costs, as the celebrity gossip site reports.… Read more