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Published 1 month 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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