Red Lobster restaurants closing: List of doomed locations for the struggling seafood chain
The popular lobster joint is shuttering dozens of locations as it continues to face financial headwinds. Some equipment will be auctioned off.
On Monday, Red Lobster abruptly closed dozens of its locations, according to multiple reports. The closures come as the popular seafood chain has struggled in recent years with increasing financial challenges—one of which was the popularity of its Endless Shrimp promotion, which led to an $11 million quarterly loss in late 2023.