Red Lobster ran an “Endless Crab” promotion. The all-you-can-eat deal backfired spectacularly. Red Lobster misjudged just how many seafood lovers would pour into restaurants around the United States and fill up their stomachs with pounds of sweet,

Red Lobster is seeking to hook a buyer as the struggling seafood chain attempts to avoid bankruptcy, according to a report. The fast-casual chain — known for its cheddar bay biscuits and

Red Lobster's financial troubles have history. Here's how the legacy restaurant brand sailed into such choppy waters.

Struggling seafood chain Red Lobster is looking for a buyer to avoid bankruptcy. The company has thought about filing for bankruptcy to help deal with its debt and get out of expensive leases. But it’s also been trying to find a buyer recently,

Red Lobster's financial troubles have history. Here's how the legacy restaurant brand sailed into such choppy waters.