Red Lobster
Red Lobster is a Restaurant - Casual concept with 496 stores in 496 shopping centers across 43 states. As of September 27, 2026 they opened 1 and closed 19 locations in the last 12 months, a net change of −18. Typical site: 7,000–9,000 SF. Across their fleet, locations have a median 10-minute drive-time population of 47,981 with a median household income of $73,448 and a median age of 38.
Stores
In 496 properties
Site Submittals
Coming soon
Competitive Intelligence
New in the last 3 months
Verified Contacts
Ready to connect
Recent activity
Dates shown here are when each event was detected. Actual event may have occurred up to 30 days earlier. Next digest sends Sunday.
Bridgeport, CT · Closed ~Jul 2026 · Detected Jul 16
Honolulu, HI · Closed ~Jun 2026 · Detected Jun 22
New York, NY · Closed ~May 2026 · Detected May 28
About Red Lobster
World’s Largest Seafood Restaurant Chain Seeking Strategic Lease Restructuring & Portfolio Optimization As the global leader in casual dining seafood, Red Lobster is currently executing a strategic brand revitalization and footprint optimization plan under the new ownership of RL Investor Holdings LLC (backed by Fortress Investment Group) and leadership of CEO Damola Adamolekun. With a consolidated portfolio of approximately 544 high-performing locations across North America, the brand is focused on operational excellence, menu innovation, and long-term stability. For landlords and developers, Red Lobster represents a high-volume Anchor Tenant capable of driving significant evening and weekend traffic to major power centers, lifestyle hubs, and mall outparcels. While immediate National Expansion is paused in favor of unit-level profitability and lease restructuring, the brand remains a dominant force in the experiential dining sector, seeking to secure its legacy through sustainable partnerships and prime real estate positioning.
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