Red Lobster, Tijuana Flats lead business bankruptcy surge in Orlando

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

Bankruptcies have increased for both businesses and individuals in Orlando, approaching recent year highs after the pandemic cooled filings.

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That’s according to data released by the administrative office of the Federal Judiciary, which states that 341 businesses filed for bankruptcy in the 12-month period ending in March 2024. That is up 24% from 267 in the previous reporting period.

This jump follows a recent low for business bankruptcies in 2022. The highest year for business bankruptcies was 2020, which included the beginning month of the Covid-19 pandemic seeing 345 filings. See the full trend below.

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

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Multiple Orlando Red Lobster locations listed as ‘temporarily closed’ Multiple Red Lobster locations in Central Florida were listed as “temporarily closed” on the company’s website Monday. (WFTV)

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