Several Red Lobster restaurants in Illinois are set to close as part of ongoing bankruptcy proceedings. A total of 23 stores across the country will shutter, with a total of 106 closures since the legal proceedings began. In Illinois, three Red Lobster locations, including two in the Chicago area, will be affected by the closures. The company’s restaurant in Michigan City will also close. Specific closure dates will vary, but the company has requested that lease agreements be rejected by August 31. Red Lobster filed for Chapter 11 bankruptcy earlier this year, citing struggles with lease and labor costs. The company sought to renegotiate lease agreements on more than 100 locations, resulting in the closures. With a shrinking footprint of over 530 restaurants in the U.S. and Canada, the closures are part of the company’s ongoing restructuring efforts. The impacted locations are part of a larger effort by Red Lobster to streamline operations and remain competitive in the casual dining sector. Despite the closures, the company is working to ensure a smooth transition for employees and customers. The closures will not affect the company’s broader operations, and Red Lobster remains committed to providing quality seafood dining experiences in its remaining locations.
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