Red Lobster closing at least 99 locations as its future comes into question No description found
TEXAS – THIS ONE HURTS!
At least 99 locations of Red Lobster are being auctioned off amid questions about the stalwart seafood chain’s long-term future.
In a post Monday on LinkedIn, Neal Sherman, founder and CEO of TAGeX Brands, a liquidation firm, announced he was leading the closure of more than 50 Red Lobster locations, with the restaurants’ equipment to be auctioned off.
A web page dedicated to the liquidations showed closure locations across the U.S. including in Denver; Indianapolis; Rochester, New York; Sacramento, California; San Antonio; and San Diego.
Several social media users shared their heartbreak after the word of the closures began to spread.
For more on this story, visit NBCNews.com.
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