Red Lobster Abruptly Closes 48 Restaurants, As Revealed By Equipment Liquidation Company
In a surprising twist of events, 48 Red Lobster restaurants have closed — some reportedly without notice to their employees.
Red Lobster’s financial woes have been well documented over the recent months. But this week a facility and equipment liquidation company called TAGeX shocked everyone when it revealed that select Red Lobster locations have closed and that they are auctioning off the entire contents of these restaurants.
TAGeX has a total of 48 Red Lobster locations listed on their website, but text on the page also states they are “auctioning off 50+ locations across the country.”
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