The Red Lobster bankruptcy saga continues as the company revealed at least 100 additional locations that the chain plans to close if its bankruptcy plans are approved and leases cannot be renegotiated.
Locations newly at risk include a Red Lobster location in Delaware and additional locations in the region.
The company abruptly closed dozens of Red Lobsters last month, in a tally that quickly reached 99 Red Lobsters closed in 28 states when the company filed for Chapter 11 bankruptcy protection.
Bankruptcy filings in May revealed a bleak situation: a 30% drop in guest numbers since 2019 and just $30 million in cash on hand against more than $1 billion in debt to thousands of creditors.
Restaurant closings likely won’t stop in May, according to bankruptcy filings. Red Lobster wrote in filings filed last month that it plans not to renew leases in their current form at more than 200 locations, about 40% of Red Lobster locations in May.
The restaurants on the “rejected leases” list appear to include restaurants that closed last month, and even some that closed much earlier. But, from a conservative point of view, this means that more than 100 restaurants are still in danger of closing.
First closures:Dozens of Red Lobsters are closing in 27 states. Are Delaware locations safe?
Further:Amid Red Lobster closings, loyal diners are asking: Will the beloved chain sleep with the fish?
Plans to close these locations also depend on whether Red Lobster is able to renegotiate some leases and whether bankruptcy plans are approved in their current form.
Which Red Lobster locations are in danger of closing in Delaware, Maryland, New Jersey and Pennsylvania?
Neither the Stanton, Delaware, nor the Dover, Delaware location were among those listed in danger.
But among those on Red Lobster’s list is Red Lobster’s Talleyville location, at 309 Rocky Run Parkway, across from the Concord Mall in Delaware.
The restaurant remains open until Thursday, June 6, and staff have not been informed of any impending closure.
Other regional locations listed in danger of closing include three locations in Pennsylvania, three in New Jersey and one in Maryland.
Here’s a list of Red Lobster restaurants in the region that are apparently in danger of closing as Red Lobster continues its bankruptcy process.
Delaware
- 309 Rocky Run Parkway, Talleyville
Maryland
(Columbia, Gaithersburg, Laurel and Silver Spring locations are now closed)
- 2314 N Salisbury Blvd, Salisbury
New Jersey
(Bridgewater, East Brunswick, Ledgewood and Lawrenceville locations are now closed)
- 3003 Route 130 South, Delran
- 4411 Black Horse Peak, Mays Landing
- 211 Route 17 S, Paramus
Pennsylvania
(The Erie location is now closed)
- 935 Wayne Ave., Chambersburg
- 425 W. DeKalb Pike, King of Prussia
- 4766 McKnight Rd., Pittsburgh
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