Red Lobster, known for its affordable seafood and cheddary biscuits, has exited Chapter 11 bankruptcy protection.

After months of dozens of restaurant closings and headlines about “endless shrimp” woes, Red Lobster says it will soon exit from Chapter 11 bankruptcy protection.

Casual dining chain Red Lobster has filed for Chapter 11 bankruptcy protection.

Red Lobster says it is closing nearly 50 of its restaurants in the U.S. The locations span across more than 20 states — cutting back on Red Lobster’s presence in cities like Denver, San Antonio, Indianapolis and Sacramento.

Dozens of Red Lobster locations across the U.S. are now on the chopping block.

The great and wise Oprah Winfrey once said, “I love bread,” and I have never related to a millionaire more in that moment.

JACKSONVILLE, Fla. – A Red Lobster location in Jacksonville will be donating 15% of all sales from 5 p.m. to 9 p.m. Sunday to the families of two missing firefighters. The community was invited to the restaurant’s location at 8720 Baymeadows Road in Jacksonville during that time to dine in, get takeout or just stop by to donate. The general manager said the event aims to make this holiday season a little easier for the families of Jacksonville Fire and Rescue Department engineer Brian McCluney and Justin Walker, a firefighter from Virginia. The two men went fishing out of Port Canaveral on Aug. 16 and never returned.​​​​​​​ A search of more than 100,000 square miles of ocean came up empty.