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Tag: Red Lobster

What’s a Red Lobster restaurant worth? Depends where it is located in Colorado
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9News, State

What’s a Red Lobster restaurant worth? Depends where it is located in Colorado

By Jennifer Campbell-Hicks | 9News The online auction ended Thursday for the contents of four closed Colorado Red Lobster restaurants, and the winning bids were in the tens of thousands of dollars. More than 90 Red Lobster locations in at least 27 states were listed as "temporarily closed" on the restaurant's website. A liquidation company held an online auction of Red Lobster kitchen equipment and other contents of the closed restaurant locations, including locations in Colorado. The auctions were 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. READ THE FULL STORY AT 9NEWS
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After closing 48 locations, signs of a Chapter 11 bankruptcy filing exist for Red Lobster chain
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National, The Street

After closing 48 locations, signs of a Chapter 11 bankruptcy filing exist for Red Lobster chain

By Daniel Kline | The Street The big food court in the sky, or maybe it's a downtown entertainment district, features a lot of restaurants that once had a big following. You may not remember them all, but some brands that were once huge, fell into irrelevancy and then went away. Howard Johnson's, for example, used to be a staple of a road trip. If you couldn't find a HoJo's perhaps you would stop at a Big Boy, another chain that was once prominent. In addition, sometimes there are restaurant chains that maybe were never that well-liked but were still a big deal. Fashion Cafe and the Official All-Star Cafe were meant to reproduce the magic of the Hard Rock Cafe or Planet Hollywood but they never caught on. READ THE FULL STORY AT THE STREET
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