Popular Restaurant Chain Closing 23 Locations Amid Bankruptcy Proceedings

Red Lobster announced it will be closing an additional 23 restaurants at the end of the month. The move comes after Red Lobster closed over 100 locations earlier this year amid bankruptcy proceedings.

Red Lobster is in the process of selling itself to Fortress Credit Corp., which recently gave the national restaurant chain $100 million to continue operating the roughly 500 restaurants it has remaining across the United States.

• Here is the list of restaurants slated to close by August 31:
  Arizona
  • 1521 S. Yuma Palms Pkwy., Yuma
• Arkansas
  • 8407 W. Markham St., Little Rock
• California
  • 8703 Murray Drive, La Mesa
• Colorado
  • 4925 N. Academy Blvd., Colorado Springs
• Florida
  • 326 Miracle Strip Pkwy., Fort Walton Beach
  • 5110 N. 9th Ave., Pensacola
  • 8909 U.S. Highway 19, Port Richey
•  Georgia
  • 6550 Tara Blvd., Jonesboro
• Illinois
  • 1604 N. State Road 50, Bourbonnais
  • 902 Commons Drive, Geneva
  • 4625 N. Sterling Ave., Peoria
• Indiana
  • 4353 Franklin St., Michigan City
• Minnesota
  • 8900 Golden Valley Road, Golden Valley
  • 12515 Elm Creek Blvd. North, Maple Grove
• Missouri
  • 2381 Maplewood Commons Drive, Maplewood
• New York
  • 925 Hunts Point Ave., Bronx
  • 750 Upper Glen St., Queensbury
• North Carolina
  • 304 A Western Blvd., Jacksonville
• Ohio
  • 17227 Southpark Center, Strongsville
• South Carolina
  • 1270 Knox Abbott Drive, Cayce
•  Virginia
  • 555 S. Van Dorn St., Alexandria
  • 4415 S. Laburnum Ave., Richmond
  • 709 Independence Blvd., Virginia Beach

Red Lobster is one of many companies currently struggling to make ends meet as inflation continues to rise and consumers cut back on expenses like dining out. Other struggling companies include BurgerFi , Boston Market , Pizza Hut , Buca di Beppo , TGI Fridays , Popeyes , Tijuana Flats , Cracker Barrel , and Applebee's .