Local

Red Lobster to close 23 restaurants within days — here’s where they are

In the third quarter of 2023, the seafood chain reported a loss of more than $11 million, according to Restaurant Business.

ORLANDO, Fla. — Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.

Red Lobster is exercising its right to reject leases at locations it says are unprofitable, according to an Aug. 22 court filing.

▶ WATCH CHANNEL 9 EYEWITNESS NEWS

The seafood restaurant chain’s May 19 Chapter 11 bankruptcy filing followed the closure of about 100 restaurants, sparking nationwide speculation about whether the company would fold.

Read: Dinner and a movie? Is Chick-fil-A expanding into streaming?

Now, another 23 restaurants will close and be vacated by Aug. 31.

Click here to read the full story on the Orlando Business Journal’s website.

Click here to download our free news, weather and smart TV apps. And click here to stream Channel 9 Eyewitness News live.


0
Comments on this article
0