While food prices are on the rise virtually across the board in the United States, warmer-than-usual weather has led to an influx of lobsters that has driven prices for the crustaceans to steep lows.

Red Lobster has closed more than 90 of its restaurants around the U.S., weeks after speculation that the restaurant chain would be filing for bankruptcy. Update 12:20 p.m. EDT May 15: At least 99 Red ...

Red Lobster Mulls Possible Bankruptcy Filing Amid Debt And Rising Labor Costs FILE PHOTO: ROHNERT PARK, CALIFORNIA: Red Lobster has closed more than 50 of its restaurants nationwide as it considers ...

Rapper Flavor Flav tried to “save the Cheddar Bay Biscuits.” Now, Red Lobster is now offering some signature menu items as a nod to the entertainer. Red Lobster filed for bankruptcy earlier this year, ...

(NEXSTAR) — Red Lobster is reportedly shuttering at least 48 of its locations, and a restaurant liquidation company is auctioning off kitchen equipment from the impacted eateries this week. TAGeX ...