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M&A

Red Lobster to close 23 more US restaurants

The world's largest seafood restaurant chain applied this week to the bankruptcy court in Florida for approval to cancel leases on 23 locations in 15 states, vacating them by Saturday (Aug. 31)

By Barb Dean-Simmons | Aug. 30, 2024 16:23 BST
A Red Lobster restaurant in New York, US. Red Lobster is owned by Thai Union Group. Credit: pisaphotography/Shutterstock.com
A Red Lobster restaurant in New York, US. Credit: pisaphotography/Shutterstock.com
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