Bye-Bye Biscuits: Red Lobster Files For Chapter 11 Bankruptcy Protection
Bye-Bye Biscuits: Red Lobster Files For Chapter 11 Bankruptcy Protection
What Happened: Red Lobster has filed for Chapter 11 bankruptcy protection, aiming to reduce its number of locations and find a buyer.
發生了什麼：Red Lobster已申請第11章的破產保護，旨在減少其地點數量並尋找買家。
The seafood chain has a stalking horse bid from its lenders to purchase the company unless a higher bid emerges, according to CNBC. The outlet reported last month that Red Lobster was seeking a buyer due to significant debt and long-term leases.
據CNBC報道，除非出現更高的出價，否則這家海鮮連鎖店的貸款機構會出價收購該公司。該媒體上個月報道說，由於巨額債務和長期租約，Red Lobster正在尋找買家。
The bankruptcy filing underscores the broader challenges faced by the restaurant industry. According to Yahoo Finance, the company cited higher labor costs, escalating rents, and its "Ultimate Endless Shrimp" deal as significant factors contributing to its financial woes.
破產申請凸顯了餐飲業面臨的更廣泛挑戰。根據雅虎財經的說法，該公司指出，更高的勞動力成本、不斷上漲的租金以及 “Ultimate Endless Shrimp” 協議是導致其財務困境的重要因素。
Recently, the company appointed restructuring expert Jonathan Tibus as CEO. Tibus cited a challenging macroeconomic environment, underperforming locations, failed strategic initiatives and increased competition as reasons for the bankruptcy filing.
最近，該公司任命重組專家喬納森·蒂布斯爲首席執行官。Tibus將嚴峻的宏觀經濟環境、表現不佳的地區、失敗的戰略舉措和競爭加劇列爲申請破產的原因。
Red Lobster operates 551 U.S. locations and 27 in Canada. It closed 93 underperforming locations on May 13 and seeks to reject 108 leases to further reduce its footprint. The company employs 36,000 people, mostly part-time.
Red Lobster 在美國有 551 個分支機構，在加拿大有 27 個分支機構。它於5月13日關閉了93個表現不佳的地點，並試圖拒絕108份租約，以進一步減少其佔地面積。該公司擁有36,000名員工，主要是兼職員工。
Based in Orlando, Florida, Red Lobster has assets and liabilities estimated between $1 billion and $10 billion. Its largest creditor, Performance Food Group, says the company owes $24.4 million.
Darden Restaurants (NYSE:DRI) once owned Red Lobster brand, but spun it off years ago. Red Lobser's bankruptcy could be a sign of things to come for Darden's other restaurants like Olive Garden if they are unable to adapt to a consumer environment that isn't as friendly to sit-down chain restaurants.
Red Lobster總部位於佛羅里達州奧蘭多，其資產和負債估計在10億至100億美元之間。其最大的債權人高性能食品集團表示，該公司欠款2440萬美元。
達登餐廳（紐約證券交易所代碼：DRI）曾經擁有紅龍蝦品牌，但幾年前就將其分拆出來了。如果達登的其他餐廳（例如Olive Garden）無法適應對坐着的連鎖餐廳不那麼友好的消費環境，Red Lobser的破產可能預示着即將發生的事情。
In a statement, Tibus said, "This restructuring is the best path forward for Red Lobster." He emphasized the support from lenders and vendors to complete the sale process efficiently while focusing on employees and guests.
蒂布斯在一份聲明中說：“這次重組是紅龍蝦的最佳前進道路。”他強調了貸款人和供應商的支持，以高效地完成銷售流程，同時將重點放在員工和客人身上。
譯文內容由第三人軟體翻譯。