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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Red Lobster closes San Antonio location, auctions off equipment
Red Lobster says it is closing dozens of restaurants in the U.S. The locations span more than 20 states — cutting back on Red Lobster’s presence in San Antonio and other cities like Denver, Indianapolis and Sacramento.Restaurant liquidator TAGeX Brands announced this week that the Red Lobster on the South Side of San Antonio is among those closed. TAGeX Brands will handle the equipment auction for that site and more than 50 other Red Lobster loc…
·San Antonio, United States
Read Full ArticleRed Lobster abruptly closes dozens of its restaurants across U.S., including one in San Diego
The casual seafood chain has been around for decades, but mounting financial troubles, along with a failed endless shrimp promotion, have forced the chain to shutter restaurants and sell off kitchen equipment.
·San Diego, United States
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Leaning Left21Leaning Right8Center79Last UpdatedBias Distribution73% Center
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- 73% of the sources are Center
73% Center
L 19%
C 73%
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