More Orlando Red Lobster restaurants may close

A recent filing in the Red Lobster bankruptcy case showed the Orlando-based restaurant chain may have to close 120 more restaurants nationwide, including another six in Central Florida.

Orlando Business Journal reported on May 22 that more possible closures could come if the company can’t get better terms from its landlords, which would mean cutting up to another 8,400 jobs across the nation, based on it having 60-70 employees per restaurant. 

The list of rejected leases totals at 228, though about 100 of those closed in May.  

Read more

Sarah Kinbar

When it comes to writing, I do it for love.

Previous
Previous

Tijuana Flats hires new CEO

Next
Next

Disney closing in on $17 billion development deal