Current:Home > StocksRed Lobster cheddar bay biscuits still available in stores amid location closures, bankruptcy -Wealth Navigators Hub
Red Lobster cheddar bay biscuits still available in stores amid location closures, bankruptcy
View
Date:2025-04-27 18:40:27
Some Red Lobster restaurant locations may be closing, but have no fear – the cheddar bay biscuits are still available to purchase at grocery stores.
"There are no current changes to the Red Lobster At Home product line, which includes the Cheddar Bay Biscuit Mix," Lori Cherry, director of communications and corporate public relations at Red Lobster, told USA TODAY in an emailed statement Tuesday. "Our mix is found in most major retail grocery outlets."
In addition to Cheddar Bay Biscuit Mix, the product line also features frozen Cheddar Bay Biscuits, Gluten-Free Cheddar Bay Biscuit Mix, Coconut Shrimp Bites, and Cheddar Bay Biscuit Shrimp, among other products, according to the Red Lobster At Home website.
The seafood restaurant chain filed for Chapter 11 bankruptcy in Florida on Sunday and intends to use the bankruptcy proceedings to "drive operational improvements, simplify the business through a reduction in locations, and pursue a sale of substantially all of its assets," the company said in a statement late Sunday night.
Red Lobster said in the statement Sunday night it would sell its business to a new entity that will be wholly owned and controlled by its lenders, and that "Red Lobster's restaurants will remain open and operating as usual during the Chapter 11 process." The company has been working with vendors to ensure restaurant operations are unaffected, according to the statement.
"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," said Jonathan Tibus, the company's CEO, in the statement. "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."
Last week, Red Lobster's website listed 87 stores listed as "temporarily closed" across 27 states, with some of them having their kitchen equipment up for auction on an online restaurant liquidator.
Red Lobster closings:See which locations are shutting down as company files for bankruptcy
Where to find Red Lobster cheddar bay biscuits
According to Cherry, customers can find local product availability of the frozen seafood line using the Red Lobster At Home website.
Customers can click on the product they are interested in and then click the "Find in Store" button.
Who own Red Lobster restaurants?
Thai Union Group − which is based in Thailand − has been the largest shareholder since 2020, owning 49% of the company. Darden Restaurants originally sold off Red Lobster to private equity firm Golden Gate Capital in 2014 for about $2.1 billion.
Contributing: Chris Sims, USA TODAY-Network
Gabe Hauari is a national trending news reporter at USA TODAY. You can follow him on X @GabeHauari or email him at [email protected].
veryGood! (9743)
Related
- Former longtime South Carolina congressman John Spratt dies at 82
- A third man is now charged with murder in the Kansas City Super Bowl rally shooting
- 70 million Americans drink water from systems reporting PFAS to EPA | The Excerpt
- Florida city commissioner accused of spending 96-year-old's money on facelift, hotels
- What do we know about the mysterious drones reported flying over New Jersey?
- How Europe’s regulatory with battle with Apple could signal what’s to come for American consumers
- Pro-Trump attorney returns to Michigan to turn herself in on outstanding warrant
- Get 54% Off Tanning Drops Recommended by Kourtney Kardashian, a $100 Abercrombie Shacket for $39 & More
- SFO's new sensory room helps neurodivergent travelers fight flying jitters
- Florida Gov. DeSantis signs bill banning homeless from camping in public spaces
Ranking
- In ‘Nickel Boys,’ striving for a new way to see
- Teen to pay fine and do community service to resolve civil rights vandalism complaint
- Two-time LPGA major champion So Yeon Ryu announces retirement at 33
- 78,000 more public workers are getting student loans canceled through Biden administration changes
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- CVS CEO Karen Lynch on decision to carry the abortion pill, cybersecurity threats
- March Madness second round dates, times for 2024 NCAA Tournament
- Telescope images capture galaxies far far away: See photos
Recommendation
2 killed, 3 injured in shooting at makeshift club in Houston
Chipotle announces 50-for-1 stock split. Here's what investors need to know.
The US may catch a spring break on weather. Forecasters see minimal flooding and drought for spring
Review: '3 Body Problem' is way more than 'Game of Thrones' with aliens
Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
Tracy Morgan Reveals He Gained 40 Pounds While Taking Ozempic
Lisa Ann Walter would 'love' reunion with 'The Parent Trap' co-star Lindsay Lohan
Rich cocoa prices hitting shoppers with bitter chocolate costs as Easter approaches