Red Lobster To Close Louisiana Location
Red Lobster is closing locations all around the country as bankruptcy seems to be in the company's near future. We have details on the Louisiana location closing.
USA Today is reporting that Red Lobster has temporarily closed 87 locations in 27 states across the country.
However, most of those locations will not see a return to service. The liquidator, TAGeX Brands, announced Monday that they were contracted to sell the equipment in 48 of the locations closing. They will be holding auctions and the winner will receive the "entire contents of the Red Lobster location they bid on."
Bloomburg is reporting that Red Lobster has been considering Chapter 11 bankruptcy to help restructure their debt. Apparently, the company has lost millions of dollars with their "ultimate endless shrimp" promotion. It was designed to draw customers into their restaurants, however, the promotion exceeded their expectations...but not in a good way.
My family loves Red Lobster, we have been to the Beaumont, TX and Baton Rouge, LA locations many times. In fact, some times we'll drive to Beaumont to eat at Red Lobster and come back home just to gorge on their biscuits. We'll order entrees as well, but those biscuits have been divinely inspired.
More closings could come in the near future, if and when the company does file for bankruptcy.
What Louisiana Red Lobster Locations Are Closing?
Red Lobster currently has three locations in Louisiana:
- Baton Rouge
- Bossier City
- Monroe
According to USA Today, the Bossier City location will be closing.
To see the full list of the Red Lobster locations that are closing around the country, click here.
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