Red Lobster Closure Plans: Here's Where Nearly Two Dozen Restaurants Will Close
Impact of Red Lobster's Closure Plans on the Seafood Industry
Red Lobster, known for its tasty seafood offerings and iconic Cheddar Bay biscuits, is set to permanently close 23 additional locations as it reorganizes following its Chapter 11 bankruptcy filing. This decision highlights ongoing struggles faced by brick-and-mortar restaurants in a competitive market.
Locations Affected by Red Lobster Closures
The following states will experience closures:
- Arizona: 1521 S. Yuma Palms Parkway, Yuma
- California: 8703 Murray Drive, La Mesa
- Florida: 326 Miracle Strip Parkway SW, Fort Walton Beach
- Georgia: 6550 Tara Boulevard, Jonesboro
- Illinois: 1604 N. State Road 50, Bourbonnais
- New York: 925 Hunts Point Avenue, Bronx
- North Carolina: 304 A Western Boulevard, Jacksonville
- Virginia: 555 S. Van Dorn Street, Alexandria
Fortress Investment Group's Role in Red Lobster's Future
Fortress Investment Group recently acquired Red Lobster and plans to lead its recovery by appointing Damola Adamolekun as the new CEO. This strategic appointment aims to revitalize the beleaguered chain. The company is now looking at a reduced footprint but remains committed to maintaining approximately 500 restaurants nationwide.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.