TGI Fridays filed for Chapter 11 bankruptcy on Saturday, citing debt and fallout from the pandemic. The casual-dining chain plans to continue operating its restaurants while it restructures and seeks ...
Once the deal is finalized, Red Lobster will also get a new CEO — Damola Adamolekun, former chief executive of P.F. Chang’s. Adamolekun was appointed to head RL Investor Holdings, the newly formed ...