Current:Home > InvestRed Lobster cheddar bay biscuits still available in stores amid location closures, bankruptcy -Thrive Capital Insights
Red Lobster cheddar bay biscuits still available in stores amid location closures, bankruptcy
View
Date:2025-04-17 16:12:34
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 Gdhauari@gannett.com.
veryGood! (5)
Related
- Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
- Court documents identify Houston megachurch shooter and say AR-style rifle was used in attack
- Stop, Shop, & Save: Get $490 Worth of Perricone MD Skincare For Just $90
- Longtime NPR ‘Morning Edition’ host Bob Edwards dies at age 76
- American news website Axios laying off dozens of employees
- Nearly half of the world’s migratory species are in decline, UN report says
- Most likeable Super Bowl ever. Chiefs, Usher almost make you forget about hating NFL
- Nigerian bank CEO, his wife and son, among those killed in California helicopter crash
- Elon Musk’s Daughter Vivian Calls Him “Absolutely Pathetic” and a “Serial Adulterer”
- AP PHOTOS: New Orleans, Rio, Cologne -- Carnival joy peaks around the world as Lent approaches
Ranking
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- Marathon world record-holder Kelvin Kiptum, who was set to be a superstar, has died in a car crash
- Two fired FirstEnergy executives indicted in $60 million Ohio bribery scheme, fail to surrender
- All about Lift Every Voice and Sing, known as the Black national anthem, being sung by Andra Day at the 2024 Super Bowl
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- Spring training preview: The Dodgers won the offseason. Will it buy them a championship?
- Can candy be a healthy Valentine's Day snack? Experts share how to have a healthy holiday.
- Flight attendants don't earn their hourly pay until aircraft doors close. Here's why
Recommendation
Where will Elmo go? HBO moves away from 'Sesame Street'
If a Sports Bra and a Tank Top Had a Baby It Would Be This Ultra-Stretchy Cami- Get 3 for $29
Listen to Beyoncé's two new songs, '16 Carriages' and 'Texas Hold 'Em'
During Mardi Gras, Tons of Fun Comes With Tons of Toxic Beads
Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
Youth with autism are more likely to be arrested. A Nevada judge wants to remedy that
'The voice we woke up to': Bob Edwards, longtime 'Morning Edition' host, dies at 76
All about Lift Every Voice and Sing, known as the Black national anthem, being sung by Andra Day at the 2024 Super Bowl