Thursday, May 23, 2024
HomeEconomyNearly 50 Red Lobster Locations Will Close, And They Aren't Alone!

Nearly 50 Red Lobster Locations Will Close, And They Aren’t Alone!

Nearly 50 Red Lobster locations are set to close soon, some of which have already closed. Notices of location closures posted on doors surprised employees and customers. Over 100 locations are listed to close on the company’s website. This news comes on the heels of the disastrous “endless shrimp” promotion that was entirely too expensive with no real upside. Red Lobster, however, is not alone in financial troubles. Other restaurants, retail locations, and brick-and-mortar businesses are closing down amid an economic downturn in the country. Thousands of closing businesses have been listed on multiple websites to illustrate the bad economy.

SOURCES:

Is Red Lobster closing? Here are the nearly 50 locations across 20 states shutting across US – ABC7 New York

Red Lobster closing: See the list of 90 locations across 27 states

Red Lobster closures: See full list of closed restaurant locations

Red Lobster is closing nearly 50 restaurants. Here’s where they’re located. – CBS News

Red Lobster restaurants closing 2024: list of doomed locations – Fast Company

Red Lobster to close at least 48 restaurants after ‘endless shrimp’ debacle | The Independent

Red Lobster seeks a buyer as it looks to avoid bankruptcy filing

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