Current:Home > InvestRed Lobster cheddar bay biscuits still available in stores amid location closures, bankruptcy -ProfitLogic
Red Lobster cheddar bay biscuits still available in stores amid location closures, bankruptcy
PredictIQ View
Date:2025-04-07 14:59:41
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! (5)
Related
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- Euro 2024 highlights: Germany crushes Scotland in tournament opener. See all the goals
- Hiker falls 300 feet down steep snow slope to his death in Colorado
- Biggest NBA Finals blowouts: Where Mavericks' Game 4 demolition of Celtics ranks
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- Trump allies hope his daughter Tiffany’s father-in-law can help flip Arab American votes in Michigan
- Floating Gaza aid pier temporarily dismantled due to rough seas
- Big 12 commissioner Brett Yormark is perfect man as conference pursues selling naming rights
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- What College World Series games are on Sunday? Florida State or Virginia going home
Ranking
- In ‘Nickel Boys,’ striving for a new way to see
- Here's what Pat Sajak is doing next after 'Wheel of Fortune' exit
- Dallas coach pokes the bear again, says Boston was 'ready to celebrate' before Game 4
- Move over, Taylor Swift and Travis Kelce − TikTok is obsessed with this tall couple now
- Tom Holland's New Venture Revealed
- Residents, communities preparing for heat wave that will envelop Midwest, Northeast next week
- Louisiana Chick-fil-A has summer camp that teaches children to be workers; public divided
- Crews rescue 30 people trapped upside down high on Oregon amusement park ride
Recommendation
Average rate on 30
Pope Francis is first pope to address G7 summit, meets with Biden, world leaders
Why Spencer Pratt and Heidi Montag Say 6-Year-Old Son Gunner Is Ready for His YouTube Career
Military life pulls fathers away from their kids, even at the moment of their birth
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
Argentina men’s national team friendly vs. Guatemala: Messi scores goal, how to live stream
You may owe the IRS money on Monday — skipping payment could cost you hundreds of dollars
FDA inadvertently archived complaint about Abbott infant formula plant, audit says