Current:Home > NewsRed Lobster cheddar bay biscuits still available in stores amid location closures, bankruptcy -SecureNest Finance
Red Lobster cheddar bay biscuits still available in stores amid location closures, bankruptcy
FinLogic FinLogic Quantitative Think Tank Center View
Date:2025-04-10 03:48:22
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
- New data highlights 'achievement gap' for students in the US
- Trump holds first rally with running mate JD Vance
- US investigating some Jeep and Ram vehicles after getting complaints of abrupt engine stalling
- 3 'missing' people found safe, were never in car when it was submerged off Texas pier, police say
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- 3 rescued after homeowner's grandson intentionally set fire to Georgia house, officials say
- Airlines, government and businesses rush to get back on track after global tech disruption
- Eva Mendes' Ultimate Self-Care Hack May Surprise You
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- 2024 Olympics: Breaking Is the Newest Sport—Meet the Athletes Going for Gold in Paris
Ranking
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- Global tech outage grounds flights, hits banks and businesses | The Excerpt
- Designer Hayley Paige reintroduces herself after regaining name and social media accounts after lengthy legal battle
- One teen is killed and eight others are wounded in shooting at Milwaukee park party, police say
- The company planning a successor to Concorde makes its first supersonic test
- Investigators search for suspect in fatal shooting of Detroit-area officer
- The best hybrid SUVs for 2024: Ample space, admirable efficiency
- Diver Tom Daley Shares Look at Cardboard Beds in 2024 Paris Olympic Village
Recommendation
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
CrowdStrike says more machines fixed as customers, regulators await details on what caused meltdown
LSU cornerback Javien Toviano arrested, faces video voyeurism charges
No prison for a nursing home owner who sent 800 residents to ride out a hurricane in squalor
Travis Hunter, the 2
Legal fight continues with appeals over proposed immigration initiative for Arizona Nov. 5 ballot
VP Kamala Harris salutes national champion college athletes at White House
Shooting outside a Mississippi nightclub kills 3 and injures more than a dozen