UPDATE: May 21, 2024
Red Lobster is reducing its footprint and shuttering dozens of locationsamid financial struggles.
Business Insiderhas reported that the seafood chain is closing more than 50 restaurants across the country.
The liquidator’swebsitecurrently lists auctions at 48 restaurants across 21 states.
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However, it’s unknown if this number includes the closed restaurants.
The seafood chain has not shared any information on the closures.
Thenin February, Chansir said the company isn’t “expecting to get anything much from the sale.”
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Red Lobster did not immediately respond to a request for comment.
