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Red Lobster announced the closure of 48 restaurants across 27 states, and one location is taking a hit in Tennessee. Why did Red Lobster close? See how many locations are affected in Tennessee
Red Lobster has closed its Jackson location as part of closures announced of 48 restaurants across 27 states, although the restaurant never reopened following being closed for renovations in July ...
The troubled Red Lobster restaurant chain is closing down at least 48 of its roughly 650 branches across the US, according to a restaurant liquidation company.
Why did Red Lobster close? In 2023, the seafood chain's "Ultimate Endless Shrimp" deal became more popular than expected, inadvertently becoming a key factor in a $11 million loss in the third ...
Why did Red Lobster close? The main cause of the bankruptcy was their all-you-can-eat shrimp deal and a 30% drop in guests since 2019, the company cited in court filings.
ADXco / ShutterstockUPDATE: May 21, 2024Editor's note: On May 19, Red Lobster confirmed it has filed for Chapter 11 bankruptcy. Nearly 580 of its restaurants will remain open through the ...
Red Lobster Hospitality, LLC is an American casual dining restaurant chain headquartered in Orlando, Florida.The company has operations across most of the United States (including Puerto Rico and Guam) and Canada, as well as in China, Ecuador, Japan, Malaysia, Mexico, Philippines, Turkey and the United Arab Emirates; as of June 23, 2020, the company had 719 locations worldwide.
Red Lobster did not respond to CNN’s requests for comment. The company has around 650 locations. Red Lobster is reportedly considering filing for bankruptcy protection. The chain has tapped a ...