The restaurant in Mira Mesa is one of up to 120 location closures throughout the U.S.
SAN DIEGO — The popular restaurant chain Red Lobster is in the red, and could soon file for bankruptcy protection.
While there are still a couple of other Red Lobsters here in San Diego County still open. What their future holds is uncertain. "I assumed they were doing pretty well because they're always advertising.," said San Diegan Jayden Douglas, who showed up to the Mira Mesa location only to find it closed."If they have money for commercials, I'd assume they have enough to keep their company open?"
One of the company's recent financial missteps: its all-you can eat"Endless Shrimp" promotion rolled out last summer that contributed to $20 million in total losses for the fiscal year.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Power Rangers’ Most Shocking Hero Death Confirmed The Franchise’s Greatest Red RangerIn Space Red Ranger, Lost Galaxy Red Ranger, and Mighty Morphin Red Ranger
Read more »
Power Rangers’ New Red Ranger Reignites A 28-Year-Old Debate The Show Never SettledThe Zeo Red, Cosmic Fury Red, and Mighty Morphin Red Rangers in Power Rangers
Read more »
Mira Mesa High School grad Giovani Santillan eyeing a world title fightGrowing up in San Diego with a father who was a sports anchor meant only one thing -- the topic of conversation in Steve's house usually centered around the Padres, Chargers and the Aztecs.
Read more »
Mountain lion caught on camera roaming through Mira Mesa neighborhoodThe mountain lion was caught on camera overnight, roaming around the front porch of a woman's home near Westonhill Drive and Mira Mesa Boulevard.
Read more »
Dozens of Red Lobster locations close abruptly: List of latest closuresA timeline laid out by a Harris County judge puts the case on track for trial in 2025.
Read more »
Dozens of Red Lobster locations close abruptly: List of latest closuresTJ Crossman's Auto Repair offers free 'Car Giveaway'. Deadline to enter is May 31st.
Read more »