NEW YORK — Dozens of Red Lobster locations across the U.S. are on the chopping block. Restaurant liquidator TAGeX Brands announced this week that it would be auctioning off the equipment of over 50 Red Lobster locations that were recently closed as part of the seafood chain’s “footprint rationalization.” The locations span across more than 20 states — cutting back on Red Lobster’s presence in cities like Denver, San Antonio, Indianapolis and Sacramento. It’s unclear if Red Lobster plans to shutter any additional restaurants in the near future.
Comment on Red Lobster closes dozens of locations across the US just months after ‘endless shrimp’ losses
WYATTE GRANTHAM-PHILIPS, Chicago Tribune: Business
Tue, 05/14/2024 - 12:17pm
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