Red Lobster, Which Closed 4 MD Stores, Files For Bankruptcy

MARYLAND — Red Lobster, which abruptly closed more than 50 restaurants last week, including four Maryland, has filed for Chapter 11 bankruptcy to recoup millions of dollars in losses stemming from its endless shrimp promotion.

The shuttered restaurants in Maryland include:

• Columbia: 9011 Snowden Square Drive
• Gaithersburg: 15700 Shady Grove Road
• Laurel: 14368 Baltimore Ave.
• Silver Spring: 8533 Georgia Ave.

These Maryland restaurant locations are up for auction, with all equipment being sold off, according to the firm TagExBrands.

• Gaithersburg
• Columbia
• Silver Spring
• Laurel

Red Lobster’s bankruptcy was expected. Its “Ultimate Endless Shrimp” promotion last year was intended as a limited-time offer but brought in enough new customers that the chain added it to its permanent menu in June. Customers gobbled it up, and the chain reported fourth-quarter 2023 losses of $12.5 million, the outlet reported.

Red Lobster said the remaining restaurants will remain open and continue operating as usual during the bankruptcy process.

“This restructuring is the best path forward for Red Lobster. It allows us to address several financial and operational challenges and emerge stronger and re-focused on our growth,” CEO Jonathan Tibus said in a news release. “The support we've received from our lenders and vendors will help ensure that we can complete the sale process quickly and efficiently while remaining focused on our employees and guests.”

Red Lobster locations in Maryland which appear to still be open, include:

• 183 Jennifer Road, Annapolis
• 7063 Arundel Mills Blvd., Hanover
• 5051 Auth Way, Suitland
• 8019 Honeygo Blvd., Nottingham
• 3 Restaurant Park Drive, Owings Mills
• Frederick
• Hagerstown
• Hanover
• Lanham
• Salisbury
• Waldorf

Related: 4 MD Red Lobster Restaurants Close With No Notice: See List