Home News Red Lobster to Close Eight Ohio Locations Amid Bankruptcy Restructuring

Red Lobster to Close Eight Ohio Locations Amid Bankruptcy Restructuring

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OHIO – Red Lobster, the seafood restaurant chain, plans to close eight locations in Ohio as part of its Chapter 11 bankruptcy restructuring. The closures include three locations in Northeast Ohio, according to court filings in Florida.

The affected locations are: – Columbus: 1691 Dublin-Granville Road – Dayton: 6500 Miller Lane – Findlay: 2340 Tiffin Ave. – Maumee: 1422 Reynolds Road – New Philadelphia: 255 Graff Road SE – Parma: 7607 Day Drive – Strongsville: 17227 Southpark Center – Toledo: 4990 Monroe St.

Red Lobster has also rejected the lease for its former Orange Village location, which closed in 2022 after 45 years of operation. The company had previously closed dozens of locations last month and plans to auction off kitchen equipment and furniture from those eateries.

The closures come as Red Lobster looks to streamline its operations following financial losses. Despite the success of its “Ultimate Endless Shrimp” promotion in 2023, the company reported an $11 million operating loss in one quarter. Red Lobster has undergone an executive shakeup between 2021 and 2022 and is now seeking to sell off “substantially all of its assets” as part of its bankruptcy restructuring.