Business & Tech
Red Lobster Suddenly Closes Morris County Location, 49 Others
The seafood chain has abruptly closed dozens of restaurants, including this one on Route 10.

ROXBURY, NJ — Red Lobster has closed its only location in Morris County and put the contents up for auction, after news that the seafood restaurant chain was considering filing for bankruptcy.
The restaurant at 303 Route 10 in Ledgewood (Roxbury Township) is among four New Jersey locations, and 50 across the United States, that suddenly closed on Monday.
For those residents really hankering for Cheddar Bay biscuits and other Red Lobster favorites, the company still lists their restaurants in South Plainfield, Union, and Wayne as open.
Find out what's happening in Mendham-Chesterfor free with the latest updates from Patch.
A liquidation company, TAGeX Brands, also announced an online auction of Red Lobster's kitchen equipment, furniture, televisions, and more from many of the shuttered locations, including this one in Roxbury. The auction went live on Monday at 3 p.m. and will end on Thursday.
"As of today, select Red Lobster locations are CLOSED. On our Restaurant Equipment marketplace, we are auctioning off 50+ locations across the country. These auctions are winner takes all – meaning, each winner will receive the entire contents of the Red Lobster location they bid on," according to the company.
Find out what's happening in Mendham-Chesterfor free with the latest updates from Patch.
Red Lobster has not made any public comments about the closures, and a request for comment from Patch was not immediately returned.
The closures follow news in April that the seafood restaurant chain was considering Chapter 11 bankruptcy to recoup $11 million in losses from its endless shrimp promotion, Bloomberg reported.
Red Lobster’s "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.
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