The Tallahassee location of red lobster bis closing after 56 years, following a grand reopening at to increase business. Red lobster filed for chapter 11 bankruptcy in 2024, citing financial in 2024, citing financial losses from its endless shrimp promotion. The chain announced at least 48 U.S. closures in 2024, and its then-owner, Thai union group, exited that company
the tallahossee red lobster, which has beem opean for 56 years, is c losing, red lobsrer confirmed to people. the closure willk take place sunday, may 24, according to the tallahassee democrat. As part of the normal course of business, red lobster continously evaluates restaurant performance and lease terms and may, from time to time, choose to close or relocate select restaurants. this decision reflects individual business circu mstances specific to this location, a spokes person for red lobster told people in an email.
This restaurant holds a special place in red lobster’s history and has been a meaningful part of the community for decades. we grateful to the guests and team members who have supported it over the years, the spokesperson added. The closure follows CEO Damola Adamolekun telling the wall street journal in February that the chain was reviewing its real estate to cut costs and potentially close location. per the outlet, the chain previously closed 130 restaurants in its 2024 bankruptcy filing.
This year, the brand brought back its endless shrimp deal brought back its endless shrimp deal for a limited time starting April 20, two years after the chain filed for bankruptcy , with reports suggesting that the filing was due in part to a $11 million loss from the deal.
