Current:Home > StocksCharles H. Sloan-Red Lobster cheddar bay biscuits still available in stores amid location closures, bankruptcy -WealthX
Charles H. Sloan-Red Lobster cheddar bay biscuits still available in stores amid location closures, bankruptcy
TradeEdge View
Date:2025-04-10 13:40:00
Some Red Lobster restaurant locations may be Charles H. Sloanclosing, 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! (5397)
Related
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Indianapolis man charged with murder in fatal shootings of 3 at apartment complex
- US deports about 50 Haitians to nation hit with gang violence, ending monthslong pause in flights
- Mariah Carey's new Vegas residency manages to be both dazzling and down-to-earth
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- Shapiro says Pennsylvania will move all school standardized testing online in 2026
- Jawbone of U.S. Marine killed in 1951 found in boy's rock collection, experts say
- Psst! There’s a Lilly Pulitzer Collection at Pottery Barn Teen and We’re Obsessed With the Tropical Vibes
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- Kermit Ruffins on the hometown gun violence that rocked his family: I could have been doing 2 funerals
Ranking
- Small twin
- Larsa Pippen and Marcus Jordan Rekindle Romance With Miami Beach Date
- Fire kills 2, critically injures another at Connecticut home. Officials believe it was a crime
- Caitlin Clark set to make $338K in WNBA. How much do No. 1 picks in other sports make?
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- Orlando Bloom Reveals Whether Kids Flynn and Daisy Inherited His Taste For Adventure
- First major attempts to regulate AI face headwinds from all sides
- Walmart's Flash Deals End Tomorrow: Run to Score a $1,300 Laptop for $290 & More Insane Savings Up to 78%
Recommendation
Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
Bryan Kohberger's attorneys claim cellphone data shows he was not at home where murders took place
Google is combining its Android software and Pixel hardware divisions to more broadly integrate AI
Alabama lawmakers advance bill to strengthen state’s weak open records law
'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
See Josh Hartnett Play Serial Killer Dad in Chilling Trap Movie Trailer Amid His Hollywood Return
Tech has rewired our kids' brains, a new book says. Can we undo the damage?
Days-long eruption of Indonesia's Ruang volcano forces hundreds to evacuate as sky fills with red ash