Red Lobster, a beloved seafood chain, is closing nearly 100 locations across the US
Red Lobster’s official announcements have been sparse. However, reports indicate financial struggles due to mounting debt. Events like the underperforming “Ultimate Endless Shrimp” promotion last summer added to these financial losses. Additionally, the chain has experienced significant leadership turnover.
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On May 20th, Red Lobster filed for Chapter 11 bankruptcy. This filing signals their intent to restructure operations. The company has secured a $100 million commitment from existing lenders to navigate this challenging period.
Where are the Red Lobster closures?
Over 50 Red Lobster locations have already closed. Here’s a breakdown of some affected areas:
- Alabama: Auburn, Decatur
- California: Redding, Rohnert Park, Sacramento, San Diego, Torrance
- Colorado: Denver, Lakewood, Lone Tree, Wheat Ridge
- Florida: Altamonte Springs, Gainesville, Hialeah, Largo, Orlando
- Georgia: Athens, Roswell, Dublin
- Idaho: Lewiston
- Illinois: Bloomingdale, Danville
- Indiana: Indianapolis, Elkhart
- Iowa: Council Bluffs, Waterloo
- Maryland: Gaithersburg, Columbia, Silver Spring, Laurel
- Michigan: Fort Gratiot
- Mississippi: D’Iberville
- New York: Amherst, Kingston, Rochester
- New Jersey: Ledgewood
- North Dakota: Grand Forks
- Oklahoma: Lawton
- South Carolina: Myrtle Beach
- Texas: Lake Jackson, Long View, San Antonio
- Virginia: Colonial Heights, Williamsburg, Newport News
- Washington: Silverdale
- Wisconsin: Wauwatosa, La Crosse