Struggling Red Lobster to Close More Virginia Locations as Part of Broader Bankruptcy Measures

Three Virginia Red Lobster Locations Among Latest Round of Closures in Ongoing Bankruptcy

Photo byTim MossholderonUnsplash

Red Lobster's financial woes deepen as the struggling seafood chain announces another round of closures amid its ongoing bankruptcy proceedings. The company, which filed for Chapter 11 on May 19, has revealed plans to shutter an additional 23 locations by August 31, according to documents filed with a bankruptcy court.

This latest move brings the total number of Red Lobster restaurant closures in the United States to at least 129 in recent months, significantly reducing the chain's operational footprint. The new closures include three locations in Virginia.

Red Lobster executives announced they would be opting not to renew leases for these 23 restaurants as part of their ongoing restructuring efforts. The company's bankruptcy filing earlier this year followed the closure of numerous locations in an attempt to stabilize its financial situation.

Virginia locations Impacted

The three Virginia locations to close are:

• Alexandria (555 S. Van Dorn Street)
• Richmond (4415 S. Laburnum Avenue)
• Virginia Beach (709 Independence Boulevard)

Your thoughts

Do you like to eat at Red Lobster? Was your local store closed?

Please leave your thoughts in the comments section below and share this article with others so more people can join the discussion.