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Red Lobster filed for Chapter 11 bankruptcy in Florida in May. Here's a complete list of the company's restaurant locations that are open and closed. A fifth of Red Lobsters are gone.
A recent court filing shows that the company is rejecting the leases of an additional 23 locations by Saturday, August 31, joining the more than 100 restaurants that Red Lobster closed earlier ...
Red Lobster said that it had more than $1 billion in debt and less than $30 million in cash on hand. It plans to sell its business to its lenders, and in turn, it will receive financing to stay ...
Red Lobster at 6231 Sunrise Blvd. in Citrus Heights was still open as of Tuesday. The restaurant operates from 11 a.m. to 10 p.m. Sunday through Thursday, closing at 11 p.m. on Friday and Saturday.
Struggling Red Lobster is abruptly closing at least 48 of its restaurants around the country, according to a leading restaurant liquidator. TAGeX Brands is conducting an online auction of Red ...
Red Lobster at 1515 W. Ridge Road, Greece, remains open. Red Lobster closings: See the list. Each of these restaurants are currently listed as temporarily closed on the website: Alabama. Decatur ...
Red Lobster Hospitality, LLC is an American casual dining restaurant chain headquartered in Orlando, Florida.The company has operations across most of the United States (including Puerto Rico and Guam) and Canada, as well as in China, Ecuador, Japan, Malaysia, Mexico, Philippines, Turkey and the United Arab Emirates; as of June 23, 2020, the company had 719 locations worldwide.
Thai Union Group began its investment in Red Lobster in 2016 and upped its stake in 2020. Restaurants in general have had a rough go of it this year thanks to inflation-driven financial pressures .