bankruptcy

Red Lobster survived bankruptcy. It couldn’t survive Times Square.

When I visited Red Lobster’s Times Square location in March for the first time since the chain’s bankruptcy filing, I came away with an unexpected conclusion: Red Lobster is getting better.Inside, servers bustled between a few packed tables carrying steaming Cheddar Bay biscuits, shrimp platters, and seafood pasta dishes. The…

6 major retail bankruptcy cases of 2026, from Saks to Eddie Bauer

Some legendary retail brands have filed for bankruptcy in the early months of 2026.US business bankruptcies have been on the rise in recent years, according to an S&P Global Market Intelligence analysis. First-quarter filings in 2026 marked the second-highest level since 2010, trailing only the same period last year. Among…