Published 10 months ago • loading... • Updated 9 months ago

Red Lobster could shut down over 100 more locations: reports

Red Lobster plans to close numerous restaurants post-bankruptcy, with specific locations at risk pending court approval.
The chain, once the world's biggest seafood restaurant, filed for bankruptcy recently due to financial struggles.
Approximately 50 U.S. Locations shut down shortly before bankruptcy, while a list of endangered sites was disclosed in court filings for potential lease renegotiations.

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WSAV

Red Lobster could shut down over 100 more locations: reports

(NEXSTAR) — More than 100 additional Red Lobster locations across the U.S. may shut down if the company can't renegotiate their leases, according to multiple reports. The financially-strapped seafood chain said in a new court filing that 228 rejected leases could continue to lose cash under current operations, Restaurant Business reported. Many of those restaurants abruptly closed in May, per CNN, which published a list of looming closures: Geo…

9 months ago·Savannah, United States

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WISH-TV

Red Lobster adds to list of Indiana restaurant closings

(WISH) — The ailing Red Lobster restaurant chain will be shutting down five Indiana locations, adding three more since it announced nationwide closings just a few days ago. Here’s the list of seafood restaurants closings in Indiana: 1752 N. Shadeland Ave., Indianapolis. 1900 S. U.S. 31 Bypass (Reed Road), Kokomo. 5400 National Road East, Richmond. 3009 Brittany Court, Elkhart. 4353 Franklin St., Michigan City. The Indianapolis and Elkhart rest…

9 months ago·Indianapolis, United States

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The Hill

Red Lobster could shut down 100 more locations: reports

The 56-year-old company announced filing for Chapter 11 bankruptcy last month after a series of financial hurdles, from rising labor costs to all-you-can-eat promotions that backfired.

9 months ago·Washington, United States

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Fox8

Red Lobster to close 8 Ohio locations amid bankruptcy

(WJW) -- Red Lobster plans to close eight Ohio locations, including three in Northeast Ohio, amid its Chapter 11 bankruptcy restructuring, court filings show. The seafood restaurant chain in a news release last month announced it would sell off "substantially all of its assets" as it looks to streamline following financial losses. Swimmers advised to stay out of Lake Erie According to bankruptcy court filings in Florida, Red Lobster has …

9 months ago·Cleveland, United States

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Penn Live

Red Lobster’s newest round of possible closures includes 3 Pa. locations

At least three more Red Lobster restaurants in Pennsylvania are in jeopardy of closing.

9 months ago·Harrisburg, United States

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Patch

8 More VA Red Lobster Restaurants May Close In Bankruptcy: New List

8 More VA Red Lobster Restaurants May Close In Bankruptcy: New List - Old Town Alexandria, VA - Red Lobster's "Ultimate Endless Shrimp" promotion is cited as a reason for the chain's bankruptcy filing. More VA sites are set to close.

9 months ago·United States

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