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Started By
Message
Red Lobster lists 99 restaurants closures in 28 states
Posted on 5/22/24 at 4:50 pm
Posted on 5/22/24 at 4:50 pm
Red Lobster
quote:
Dozens of Red Lobster restaurants have abruptly closed across the country and the company filed for Chapter 11 bankruptcy in Florida on Sunday. As of Wednesday morning, the company's website lists 99 locations closed across 28 states, with some of them having their kitchen equipment auctioned off on an online restaurant liquidator last week. That is an additional 12 locations than previously reported by USA TODAY.
quote:
Louisiana Bossier City
quote:
Texas Dallas (E. Technology Blvd.) Dallas (Vantage Point Dr.) Houston (FM 1960 Rd W.) Lake Jackson Longview Lufkin Pasadena San Antonio (Interstate 35 S.) Tyler Victoria
quote:
Mississippi D'Iberville Hattiesburg Jackson
quote:
Alabama Auburn Decatur Huntsville Mobile
23
Posted on 5/22/24 at 5:01 pm to tigerfan84
Posted on 5/22/24 at 5:04 pm to Kafka
Cheddar Biscuits [NOT STACKED] stacked
Posted on 5/22/24 at 5:07 pm to Kafka
Is that true?
Posted on 5/22/24 at 5:08 pm to tigerfan84
Endless shrimp did them in.
Posted on 5/22/24 at 5:09 pm to Kafka
Sears 2.0
Posted on 5/22/24 at 5:09 pm to tigerfan84
Good old corporate raiding asset dump worked like a charm. Solid business if you can get in and have little ethics
Posted on 5/22/24 at 5:10 pm to tigerfan84
That one in BR by the mall never looks crowded. I have never eaten at a Red Lobster.
Posted on 5/22/24 at 5:27 pm to Kafka
so if the hedge fund bought red lobster, would they not have leased it back to themselves?
Posted on 5/22/24 at 5:35 pm to Kafka
A hedge fund. lol.
Posted on 5/22/24 at 5:40 pm to maisweh
quote:
Endless shrimp did them in.
George, the ocean called. They’re running out of shrimp.
Posted on 5/22/24 at 5:42 pm to tigerfan84
Damn Hedge fun destroyed Cabelas and Sidney Nebraska
Posted on 5/22/24 at 5:42 pm to maisweh
quote:
Endless shrimp did them in.
No, that's the lamebrained journalism take on the situation.
Posted on 5/22/24 at 5:47 pm to tigerfan84
I must be total trash because I still really like Red Lobster.
Posted on 5/22/24 at 5:47 pm to tigerfan84
What about the one in Monroe? I never see cars there.
Olive Garden, otoh is always packed.
Olive Garden, otoh is always packed.
Posted on 5/22/24 at 5:50 pm to TheWalrus
quote:It means you like salt
I must be total trash because I still really like Red Lobster
In fact I nicknamed Red Lobster "The Salt Palace"
lol
That's pretty clever
Posted on 5/22/24 at 5:54 pm to Kafka
quote:
Explain this to me like I’m a typical OT poster.
Posted on 5/22/24 at 5:56 pm to CaptainsWafer
I think there goal is to separate out the dining business and the real estate. Drive the dining portion into the ground by being cheap and paying rent to the real estate side. Dining portion goes under. They still hold the valuable real estate.
They are doing the same thing with hosptials.
They are doing the same thing with hosptials.
Posted on 5/22/24 at 6:08 pm to tigerfan84
quote:
Texas Dallas (E. Technology Blvd.) Dallas
I think this had a fire and has been closed for awhile.
Posted on 5/22/24 at 6:12 pm to GeauxTigers123
If you're right
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