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Red Lobster survived bankruptcy. It couldn't survive Times Square.

Red Lobster is closing its Times Square flagship restaurant after 23 years. After visiting, I understand why.

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independent.co.uk

businessinsider.com

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businessinsider.comStai leggendo2 mesi fa

Red Lobster survived bankruptcy. It couldn't survive Times Square.

Red Lobster is closing its Times Square flagship restaurant after 23 years. After visiting, I understand why.

originale

independent.co.uk2 mesi fa

Red Lobster’s iconic Times Square location to permanently close after 23 years

Red Lobster closes Times Square flagship June 14 after 23 years, citing construction impact and $2.2M annual rent. Part of broader post-bankruptcy restructuring (100+ closures since May 2024), signaling margin collapse in low-tech, high-leverage service businesses.

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martedì 2 giugno 2026·independent.co.uk
Red Lobster’s iconic Times Square location to permanently close after 23 years
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giovedì 4 giugno 2026·businessinsider.com
Red Lobster survived bankruptcy. It couldn't survive Times Square.
Red Lobster is closing its Times Square flagship restaurant after 23 years. After visiting, I understand why.