Published 2 months ago

Red Lobster is closing dozens of restaurants and auctioning off equipment

More than 50 Red Lobster locations in the U.S. Have closed suddenly, potentially due to bankruptcy considerations, leading to an auction by TAGeX Brands for their contents.
TAGeX Brands is conducting what it calls the "largest restaurant equipment auction ever" for the contents of these closed Red Lobster locations.
Select Red Lobster locations are shut down, and TAGeX Brands will be auctioning off all the contents from each of these locations.

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The Independent

Red Lobster to close at least 48 restaurants after ‘endless shrimp’ debacle

The struggling seafood chain is reportedly considering filing for bankruptcy after years of cost-cutting

2 months ago·London, United Kingdom

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Associated Press News

Here are the locations that Red Lobster is closing in the US

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

2 months ago·United States

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USA Today

Red Lobster abruptly closes dozens of restaurant locations around US, preparing to liquidate

Red Lobster locations around the US are shutting down as the brand considers Chapter 11 bankruptcy. Here's what we know about restaurant closures.

2 months ago·United States

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abc News

Here are the locations that Red Lobster is closing in the US

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

2 months ago·United States

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CNN

Red Lobster is abruptly closing dozens of restaurants

Struggling Red Lobster is abruptly closing at least 48 of its restaurants around the country, according to a leading restaurant liquidator.

2 months ago·Atlanta, United States

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KRDO

Red Lobster is abruptly closing dozens of restaurants

By Nathaniel Meyersohn, CNN New York (CNN) — 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 Lobster restaurant inventory, including kitchen equipment, furniture, tables and chairs. The auction begins Monday and continues through Thursday, according to company founder Neal Sherman. Red Lobster locations …

2 months ago·Colorado Springs, United States

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