Red Lobster Shuts 56-Year Tallahassee Flagship as Chain Rebuilds After 2024 Bankruptcy
Updated
Updated · Fox News · May 23
Red Lobster Shuts 56-Year Tallahassee Flagship as Chain Rebuilds After 2024 Bankruptcy
9 articles · Updated · Fox News · May 23
May 24 will be the last day for Red Lobster’s North Monroe Street restaurant in Tallahassee, the chain’s oldest continuously operating location after 56 years.
Red Lobster said the closure stems from location-specific business factors, including restaurant performance and lease terms, rather than a broader announcement tied directly to this site.
The shutdown extends a retrenchment that saw dozens of restaurants close before the seafood chain filed for Chapter 11 bankruptcy in May 2024.
Red Lobster emerged from bankruptcy under RL Investor Holdings LLC, and new CEO Damola Adamolekun has been streamlining operations, revamping the menu and limiting the return of the $20 Endless Shrimp promotion blamed for past strain.
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