Red Lobster closes 50+ locations across the country, auctions off contents

Red Lobster has closed more than 50 locations across the country and is auctioning off their contents.

– Red Lobster has closed more than 50 locations across the country and is auctioning off its contents.

TAGeX Brands, which bills itself as a brand that helps businesses deal with closures, remodels, and liquidation of surplus assets,“These auctions are winner takes all – meaning, each winner will receive the entire contents of the Red Lobster location they bid on,” TAGeX Brands said.a report from CNNAt the time, it only cost $20. In November, the company said it would be raising the price to $25 because more people are taking advantage of the promotion than they expected.

Bloomberg reported that a final decision on filing for bankruptcy hadn’t been made, but that Red Lobster is meeting with lawyers for guidance.Homeowners say their new D.R. Horton houses are practically falling apart months after moving in AMBER Alert canceled for missing 3-year-old boy in Jefferson County; father accused of shooting boy’s mother prior to abductionFan partially paralyzed after rock band singer stage dives into crowd

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