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Amid a looming declaration of Chapter 11 chapter safety, Crimson Lobster has begun to shutter places throughout the nation, leaving many staff displaced with out warning — and a slew of restaurant gear up for public sale.
Liquidator TageX brands confirmed that restaurant paraphernalia — together with a tank with reside lobsters, furnishings, ovens, fridges, bars, and extra — for practically 50 Crimson Lobster places throughout 21 states is up for public sale on-line.
Associated: Red Lobster Is Reportedly Considering Filing for Chapter 11 Bankruptcy
clients can bid by means of the liquidator up till designated instances on Thursday. Those that win their respective heaps should decide up their objects by the top of the day on Friday or their order will likely be forfeited and not using a refund. The auctions are being run in a "winner takes all" fashion — clients can't bid on particular objects however slightly whole heaps directly.
Any perishable items or bottles of alcohol that had been left within the restaurant will not be included.
In accordance with ABC News, the chain has shuttered no less than 99 places throughout 27 states.
As places have begun to shutter across the nation, now-former staff have taken to social media to share desolate clips of their former eating places, with some alleging that they got here to work for his or her assigned shifts, solely to seek out out that their eating places had been shut down.
@alexushoydic So blind sided! #redlobster #bankrupsy #endlessshrimp ♬ what was I made for? - Instrumental - Wheeler
@crumbbucket_ Thanks to my love @heathermarieburkes for letting me use these movies of the aftermath <33 #fypã‚· #redlobster #relatable #foryou #silly #xyzbca #sillygoofy #nostalgia #nostalgic #closing #foryou #sad #bankrupt #viral #resturantindustry #resturant ♬ aquatic ambience (slowed + reverb) - Scizzie & sped up sounds & Slowed + Reverb Sounds & Aesthetic Instrumentals
@abandonedfl #redlobster ♬ Beautiful piano but scary atmosphere horror style - MoppySound
"I used to be by no means a brilliant huge fan of purple lobster however I really feel dangerous trigger it is at all times been round," one viewer wrote sadly. "I hope they determine it out and are available again."
"I used to be a retailer supervisor who was PROMISED we would not shut, they closed this morning with no warning," one other lamented.
Final month, Bloomberg reported that the fast-casual chain was near submitting for Chapter 11 as the corporate seemed to restructure its debt and relieve itself of unfavorable leases, citing anonymous sources near the matter.
Although Crimson Lobster has gone by means of a collection of acquisitions and house owners, it's now owned by seafood provide firm, Thai Union, which completed its purchase of the chain in 2020.
Associated: Endless Shrimp Deal Is Too Popular, Red Lobster Loses $11M
Final November, Crimson Lobster rolled out an "Limitless Shrimp" promotion that provided clients all of the shrimp they might eat for simply $20. Nonetheless, the deal was so common, it ended up costing the chain an estimated $11 million.
Crimson Lobster might be anticipated to file for Chapter 11 as early as subsequent week, per the Wall Street Journal.
