Restaurant liquidator TAGeX Brands announced this week that the Red Lobster on the South Side of San Antonio is among those closed.
A sign is posted on the exterior of a Red Lobster restaurant on April 17, 2024 in Rohnert Park, California. says it is closing dozens of restaurants in the U.S. The locations span more than 20 states — cutting back on Red Lobster ’s presence in San Antonio and other cities like Denver, Indianapolis and Sacramento.this week that the Red Lobster on the South Side of San Antonio is among those closed.
“On our Restaurant Equipment marketplace, we are auctioning off 50+ locations across the country,” TAGeX Brands said on its website. “These auctions are WINNER TAKES ALL – meaning, each winner will receive the ENTIRE contents of the Red Lobster location they bid on.”Around Texas, Red Lobster also shuttered locations in Lake Jackson and Longview.
Red Lobster has been struggling for some time. With lease and labor costs piling up in recent years, the chain is nowCopyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.Rebecca Salinas is an award-winning digital journalist who joined KSAT in 2019. She reports on a variety of topics for KSAT 12 News.
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