More than 100 restaurant closures and thousands of layoffs. A revolving door of CEOs. Chapter 11 bankruptcy. Damola Adamolekun, the new chief executive of Red Lobster, is taking over a chain in ...

New York — Roughly two dozen more Red Lobster locations are scheduled to close within the coming days as part of the seafood restaurant chain’s ongoing bankruptcy proceedings. A recent court ...

While fast food chains continue to thrive (unless you count customers complaining about continually soaring prices), sit-down restaurants are struggling. Following financial troubles at Red ...