Red Lobster Closes Two More Restaurants Amid Continued Struggles

After exiting bankruptcy, seafood chain Red Lobster has closed two more locations. The broader seafood restaurant sector faced a decline in sales of over $500 million in 2024, with multiple chains including Joe’s Crab Shack and Bonefish Grill also reporting closures.

By Aparajita Chatterjee Wed, May 27, 2026 at 3:32 AM GMT+3 5 min read · Yahoo Finance · May 27, 2026, 00:32 UTC

Red Lobster Closes Two More Restaurants Amid Continued Struggles

Tickers: $RL

Topics: bankruptcy economic pressure restaurant closures seafood chains

Read the full article at Yahoo Finance

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