Red Lobster is shuttering another 23 locations across several states as the restaurant chain continues its reorganization through its ongoing Chapter 11 bankruptcy.
The seafood chain announced in a recent filing it plans to cancel the leases and abandon ship at nearly two dozen properties by the end of this week, after determining that keeping them open would "continue to drive losses" for the company.
A Red Lobster restaurant in Alexandria, Virginia, on Friday, June 7, 2024. Seafood restaurant chain Red Lobster, which filed for bankruptcy in May, is currently undergoing a reorganization. (Photographer: Ting Shen/Bloomberg via Getty Images / Getty Images)
Here are the locations of the stores impacted:
Red Lobster seafood restaurant showing company logo, northern Idaho. (Photo by: Don & Melinda Crawford/Education Images/Universal Images Group via Getty Images / Getty Images)
Pedestrians pass in front of a Red Lobster restaurant in New York, U.S., on Wednesday, Sept. 19, 2012. (Photographer: Victor J. Blue/Bloomberg via Getty Images / Getty Images)
Red Lobster filed for Chapter 11 bankruptcy in May, and has closed dozens of locations since then in its effort to survive. Following the latest announced closures, the chain will still have around 500 restaurants nationwide.