The Red Lobster closures come as bankruptcy rumors circled the seafood restaurant chain in recent weeks.
An online auction is underway for Red Lobster kitchen equipment and other contents of closed restaurants, including four locations in Colorado.More than 90 Red Lobster locations in at least 27 states were listed as"temporarily closed" on the restaurant's website. winner takes all – meaning, each winner will receive the entire contents of the Red Lobster location they bid on. Perishable goods and alcohol are not included in the auction.
Many of the auctions include high-performance ovens, upright refrigerators and freezers, cooking and warming solutions, and comprehensive bar and dining setups. Auctions are now live online and will end periodically on Thursday. Auctioneers said all items must be picked up by end of day Friday.The closures come as bankruptcy rumors circled the seafood restaurant chain in recent weeks.
In 2021 and 2022, the company saw a new CEO, chief marketing officer, chief financial officer and chief information officer join the C-Suite. All of them left within two years,Last summer, the company revived their endless shrimp menu deal, which led to a $11 million loss for the seafood chain,Earlier this year, Red Lobster co-owner Thai Union Group, one of the world’s largest seafood suppliers, announced its intention to exit its minority investment in the dining chain.
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