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There are currently 87 Red Lobster restaurants listed as temporarily closed on the company's website, but 48 of those restaurants have kitchen equipment up for auction. The online auction ends at ...
Customer traffic to full-service restaurants like Denny’s has dropped 0.5% so far this year, while it has increased 3.2% at fast-casual restaurants and 0.6% at fast-food restaurants, according ...
The restaurant first opened in Florida over 50 years ago. El Paso has two Red Lobsters, one at 8401 Gateway Blvd. West, and a newer one at 1860 Joe Battle Blvd.
Dozens of Red Lobster locations across the U.S. are on the chopping block. Restaurant liquidator TAGeX Brands announced this week that it would be auctioning off the equipment of over 50 Red ...
As part of its reorganization, Red Lobster has agreed to sell its business to a new entity wholly owned and controlled by its lenders, a so-called stalking horse arrangement. The company said it ...
The troubled Red Lobster restaurant chain is closing down at least 48 of its roughly 650 branches across the US, according to a restaurant liquidation company.