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Red Lobster filed for Chapter 11 bankruptcy in Florida in May. Here's a complete list of the company's restaurant locations that are open and closed.
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Red Lobster said that it had more than $1 billion in debt and less than $30 million in cash on hand. It plans to sell its business to its lenders, and in turn, it will receive financing to stay ...
On May 12, 2014, Darden announced that as part of the spinoff of Red Lobster, it was converting the co-located Red Lobster and Olive Garden locations into standalone Olive Garden locations. [27] On May 16, 2014, Darden announced that it would be selling the Red Lobster seafood restaurant chain to Golden Gate Capital for US$2.1 billion. [28]
On May 12, 2014, Darden announced that as part of its spinoff of Red Lobster, it was converting the co-located Red Lobster and Olive Garden locations into standalone Olive Garden locations. [23] On May 16, 2014, Darden announced it would be selling the Red Lobster seafood restaurant chain to Golden Gate Capital for US$2.1 billion. [24]
A recent court filing shows that the company is rejecting the leases of an additional 23 locations by Saturday, August 31, joining the more than 100 restaurants that Red Lobster closed earlier ...
Locations worldwide Employees Related restaurants 85°C Bakery Cafe: Baked goods: Taipei, Taiwan: 2004: 1000+ Applebee's: ... Red Lobster: Seafood: Golden Gate Capital:
Following the franchise's consideration of declaring bankruptcy in April, over 80 Red Lobster locations have temporarily closed. Here's what we know.
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