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Rite Aid CEO’s $20 Million Pay Spurs Lender Backlash
Bloomberg via Yahoo Finance· 12 hours ago(Bloomberg) -- Rite Aid Corp.’s main lenders are demanding a proposed $20 million payout to Chief Executive Officer Jeffrey Stein be reduced before they...
Is Red Lobster closing more locations in Iowa? Here's which restaurant may shutter
The Des Moines Register via Yahoo Finance· 8 hours agoWhy is Red Lobster closing? By filing for Chapter 11 bankruptcy, Red Lobster will pursue “operational improvements,” including restaurant ...
Brevard's two Red Lobsters targeted for possible closing as part of Bankruptcy Court process
Florida Today via Yahoo Finance· 4 hours agoChapter 11 of the Bankruptcy Code. Seeking Chapter 11 protection frees a company from the threat ...
9 Red Lobster restaurant locations in Ohio set to close soon amid company bankruptcy
Akron Beacon Journal via Yahoo Finance· 4 hours agobankruptcy. Last month, Red Lobster said in a media release it has voluntary filed for relief under Chapter 11 of the Bankruptcy ...
Rite Aid CEO’s $20 Million Pay Spurs Bankruptcy Lender Backlash
Bloomberg· 1 day agoHave a confidential tip for our reporters? payout to Chief Executive Officer Jeffrey Stein be...
Red Lobster could shut down 100 more locations: reports
WJZY via Yahoo Finance· 5 hours agoThe 56-year-old company announced filing for Chapter 11 bankruptcy last month after a series of...
Oberweis $21 million sale to Winnetka private equity firm gets bankruptcy court approval
Chicago Tribune· 5 hours agoA Chicago bankruptcy judge approved the sale Wednesday of the century-old Oberweis Dairy to a...
Bay City's Red Lobster location targeted for closure
Midland Daily News· 6 hours agoRed Lobster plans to deep-six additional restaurants as it navigates its Chapter 11 bankruptcy plan — and one of those targeted for closure ...
5 Restaurant Chains Facing Bankruptcy In 2024
Eat This, Not That! via AOL· 3 days agoGeorge Sheldon / ShutterstockThe restaurant industry is as unpredictable as ever. While some chains are struggling to keep up with their competitors,...
Nordstrom blames recent financial loss on a deal shoppers love
TheStreet via Yahoo Finance· 12 hours agoThis is not the first time a company has blamed a generous deal that it offered to customers for...