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Red Lobster Files For Bankruptcy, Leaving PA Locations In Doubt

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Red Lobster Files For Bankruptcy, Leaving PA Locations In Doubt


YOUR PATCH — Red Lobster, which has 31 restaurants in Pennsylvania, has filed for Chapter 11 bankruptcy protection as part of a strategy to recoup losses from its endless shrimp promotion that included the abrupt closing last week of more than 50 locations nationwide.

Some of the restaurants in the Philadelphia metro area include:

  • 1 Baltimore Pike Springfield, PA 19064
  • 9140 Roosevelt Blvd E., Philadelphia, PA 19115
  • 425 W. DeKalb Pike, King of Prussia, PA 19406
  • 640 Cowpath Road, Lansdale, PA 19446
  • 2275 E. Lincoln Highway, Langhorne, PA 19047

Red Lobster’s bankruptcy was expected. Its “Ultimate Endless Shrimp” promotion last year was intended as a limited-time offer but brought in enough new customers that the chain added it to its permanent menu in June. Customers gobbled it up, and the chain reported fourth-quarter 2023 losses of $12.5 million, the outlet reported.

Red Lobster said the remaining restaurants will remain open and continue operating as usual during the bankruptcy process. The chain currently has 578 restaurants in 44 U.S. states and Canada.

“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,” CEO Jonathan Tibus said in a news release. “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.”

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Pennsylvania

State College, Pennsylvania: 2026 USA TODAY 10BEST Readers’ Choice Awards

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State College, Pennsylvania: 2026 USA TODAY 10BEST Readers’ Choice Awards


In rural Pennsylvania, State College houses Penn State against a backdrop of beautiful country scenery. The university hosts many events, arts performances, and lively festivals that give the town year-round excitement that blends student life with local charm. Visitors can attend a football game, explore nearby parks and trails, and savor the town’s growing culinary scene of pubs and local eateries.



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Pennsylvania

What the war with Iran could mean for gas prices in western Pennsylvania

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What the war with Iran could mean for gas prices in western Pennsylvania


The war with Iran could start impacting your wallet as soon as today.

Jim Garrity from AAA East Central says oil prices are up.

“They’re hovering around $72. They were pretty consistently around $65, $66 for a while,” he said.

Nationally, AAA said the average for a gallon of regular sits at about $3, up approximately six cents from last week.

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In Pennsylvania, it’s around $3.12 a gallon, and in the Pittsburgh region, it’s around $3.24 a gallon. That’s actually down about four cents from last week.

Garrity added that gas prices this time of year would already be increasing, usually because of higher demand for the warmer months and the production of the summer blend of gas used for those months.

The impacts of what’s happening in Iran may not be immediate, which could be part of why our region and the state overall have not seen a spike yet, he said.

“It could be a couple of days later. It could be up to a week later,” Garrity said.

A lot of people are watching what happens with the Strait of Hormuz. Iran borders it to the north, and 20% of the world’s oil goes through it.

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Iran is one of the world’s biggest oil producers, and China gets a lot of that oil.

“If there is an impact there, you could see oil start to come in from other parts of the world, which has a downstream effect on [the United States],” Garrity said.

One way you can save on gas if prices increase in our area is by slowing down.

“When you drive faster every five miles, over 50 miles an hour, your fuel efficiency is going down,” Garrity said. “You’re making the car work harder, making the gasoline consumption less effective.”

Garrity added that in 2022, when our area and many others saw some of the highest gas prices ever recorded, people changed their driving habits.

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“We saw people make seemingly permanent changes to their driving behaviors, driving less in general, consolidating trips,” he said.



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Iran vows revenge after the killing of its top leader

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Iran vows revenge after the killing of its top leader


With energy affordability and reliability dominating headlines, state lawmakers peppered Pennsylvania Environmental Protection Secretary Jessica Shirley about the administration’s strategy to speed the addition of new power sources to the electric grid. Members of the Senate Appropriations Committee asked Thursday about the administration’s plans to ensure Pennsylvanians’ lights stay on as the commonwealth courts tech […]



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