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Search for your Red Lobster location ... Open and closed Red Lobsters in Arizona. OPEN. Chandler: 7240 West Ray Road. ... 888 W. Bay Area Blvd. Wichita Falls: 4401 Kemp Blvd.
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 ...
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 ...
Red Lobster locations across the country started closing abruptly Monday, surprising residents and, at least in one case, a city official. Nearly 100 Red Lobsters marked ‘closed’ on restaurant ...
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]
Red Lobster's parent company, Thai Union Group, said in November 2023 that the chain was headed toward a $20 million loss for 2023. Now the endless shrimp deal costs $25.
On May 13, 2024, Red Lobster abruptly closed some restaurants in 28 states. [9] This included all of its Buffalo-area locations and most of its Orlando-area locations. TAGeX Brands conducted liquidation auctions for restaurant fixtures and supplies at the closed locations and concluded them by May 16. [33]
Red Lobster, which was reportedly considering filing for bankruptcy, appears to be closing locations across the U.S. Here's what to know.
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