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Red Lobster could shut down over 100 more locations: reports
(NEXSTAR) — More than 100 additional Red Lobster locations across the U.S. may shut down if the company can't renegotiate their leases, according to multiple reports.
The financially-strapped seafood chain said in a new court filing that 228 rejected leases could continue to lose cash under current operations, Restaurant Business reported. Many of those restaurants abruptly closed in May, per CNN, which published a list of looming closures.
Now, approximately 135 more locations are at risk of shuttering — including nearly two dozen in Florida, the most out of any other state presently.
More Florida Red Lobster locations may closeRed Lobster's flagship location in Times Square is reportedly on the chopping block as well. The........
© The Hill
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