Red Lobster in Mira Mesa is one of more than 100 locations closing

The popular restaurant chain Red Lobster is in the red, and could soon file for bankruptcy protection.
On Monday, the Florida-based company shuttered dozens of its locations, including here in San Diego.
The Red Lobster in Mira Mesa is one of up to 120 location closures throughout the nation. A restaurant supply liquidator plans to auction off their kitchen equipment.
While there are still a couple of other Red Lobsters here in San Diego County still open. What their future holds is uncertain.
MORE:www.cbs8.com/article/news/loc...

Пікірлер: 101

  • @tmannyooo9050
    @tmannyooo905017 күн бұрын

    I’m sure the lobsters 🦞 happy af!

  • @johnrpizzaguy
    @johnrpizzaguy17 күн бұрын

    Red Lobster is closing,how is Chucky Cheese still open????

  • @FairDrogon
    @FairDrogon17 күн бұрын

    The one by Grossmont Center is boarded up with windows smashed in. 😨

  • @michaeltabanao8092

    @michaeltabanao8092

    17 күн бұрын

    Good 👍 call.....scene that yesterday....windows smashed, plants 🪴 growing like jungle.....

  • @HKim0072
    @HKim007217 күн бұрын

    Another casualty of private equity. They'd still be in business if they never were bought out in 2014. _Golden Gate, which bought the chain for $2.1 billion in 2014. At that time, virtually all of the real estate under Red Lobster restaurants was owned by the chain, which has no franchisees._ _Golden Gate, a private-equity firm, then sold the real estate for $1.6 billion to American Realty Capital Partners, which changed its name and reformed as Vereit this July. The properties were leased back to Golden Gate._

  • @MA_808

    @MA_808

    17 күн бұрын

    They did fine under a lot other Presidents. So, your theory is full of holss

  • @kennixox262

    @kennixox262

    6 күн бұрын

    You are so right on this. Such a common occurrence and yet the media never reports this. One might imagine that it won't fit in their 90 second news segment on this.

  • @alexeinorris9537
    @alexeinorris953717 күн бұрын

    Make sure they close it up because the one in la mesa the homeless destroyed the fence and broke the windows. You can’t keep them out.

  • @michaeltabanao8092

    @michaeltabanao8092

    17 күн бұрын

    La Mesa slowly 🐌....turning into a scene from the Purge....Fletcher Parkway , next to what was Soup Plantation...abandon for over 10 years...😮‍💨

  • @alexeinorris9537

    @alexeinorris9537

    14 күн бұрын

    I emailed the mayor in la mesa no reply he doesn’t care. It’s sad people can destroy property and not be accountable

  • @michaeltabanao8092

    @michaeltabanao8092

    14 күн бұрын

    @alexeinorris9537 doing the same, it looks like a scene from the Purge.....you can see it from the bottom street 😳. Further more traveling up the street towards Jersey Mike's, the Median has cracked curbing with exposed rebar....😮‍💨...an E Mail to the Mayor with CC; La Mesa Public Works and I believe they have a City Council.....they only address problems if they are embarrassed, local government is non proactive, that's why Channel 8 has " investigations"..... get enough heat 🥵 to start a fire 🔥......El Cajon is turning into what La Mesa used to be.....

  • @millcity9711
    @millcity971117 күн бұрын

    If they were popular, they wouldn't be in the red....

  • @tbone3972
    @tbone397217 күн бұрын

    Red Lobster has been in the “red” for a long time. Many food chain companies just lease properties & when their lease expires…. It expires.

  • @HKim0072

    @HKim0072

    17 күн бұрын

    Red Lobster owned all their real estate until...private equity swooped in and sold their locations.

  • @davidclemens1578

    @davidclemens1578

    17 күн бұрын

    The reporter says that one of the problems could be the all you can eat shrimp which he makes it sound like started last year. I have not been to a Red lobster in years and even then they had the all you can eat shrimp. We can blame the economy because food has had the highest inflation rate of all the things affected by inflation and the fact that covid shut down the businesses for over a year. I would guess there are many hundreds of businesses that are on the edge of going bankrupt because of the government policies. One of the people interviewed blamed the Thai company for not being very good at investment when it is likely that they could see the writing on the wall and there was no way to recoup the losses with the current government. The government must be included in the equation.

  • @user-xh2yg4uv9q
    @user-xh2yg4uv9q17 күн бұрын

    The La Mesa location already closed. I grew up in Mira Mesa in the 1980's and remember when the location there opened.

  • @michaeltabanao8092

    @michaeltabanao8092

    17 күн бұрын

    😊 remember Pheralls.....late 70s

  • @User_92020

    @User_92020

    17 күн бұрын

    Reb lobster in LA mesa? Where's that at? The only red lobster I know is the one in point loma

  • @michaeltabanao8092

    @michaeltabanao8092

    17 күн бұрын

    @@User_92020 near the Wal-Mart

  • @user-xh2yg4uv9q

    @user-xh2yg4uv9q

    17 күн бұрын

    @@User_92020 , Grossmont Center.

  • @ll4680

    @ll4680

    17 күн бұрын

    Same here I grew up in MM in the 90s that place, Tio Leos, and El Torrito was bussin!

  • @bbustin1747
    @bbustin174717 күн бұрын

    Inflation is making restaurants bite the dust. Only thing transitory about this inflation are businesses leaving the marketplace. Spend trillions more … let’s see what else can break. 😂

  • @ericn8442

    @ericn8442

    17 күн бұрын

    Younger people don't like dinning at big food chains. Those young gens are dinning at popping up restaurant they see in IG. Im grew up going to watch these types of food chain restaurant on TV. Just in the past 10 years I have been on the social media watch food blogger. I live in Mira Mesa and there so many restaurant are doing very well with 1 to 2 hours waiting list. its just time have change.

  • @kennixox262

    @kennixox262

    6 күн бұрын

    Private equity as noted above is mostly to blame in this case and many others. They always use "inflation", or the "pandemic", or "9/11" or something else to assign blame. Asset strippers come in, strip the best parts of the company, load it up with debt then take the money and run. This leaves the stripped company holding the bag. This practice should be outlawed.

  • @kraston
    @kraston17 күн бұрын

    Noooooooooooooo. My coconut shrimp and cheddar bay biscuits!!!!

  • @JHRIRS2010

    @JHRIRS2010

    17 күн бұрын

    I love their coconut shrimp but alas no more, funny thing is just got an email a day the other day for RL what gives?

  • @Roquea.207

    @Roquea.207

    16 күн бұрын

    Cook it at home

  • @JHRIRS2010

    @JHRIRS2010

    16 күн бұрын

    @@Roquea.207 sorry, but not the same.

  • @Roquea.207

    @Roquea.207

    16 күн бұрын

    @@JHRIRS2010 of course no …is actually healthier and less addictive

  • @renatoamaral8259
    @renatoamaral825916 күн бұрын

    Two adorable ladies! Sorry about the restaurant chain.

  • @Loarnold
    @Loarnold17 күн бұрын

    Subway closed a bunch of locations too. Good job $20 min wage!

  • @user-cw3wm9lx7w

    @user-cw3wm9lx7w

    17 күн бұрын

    Subway makes subpar garbage food, bur sure higher wages is killing their business and not competitors like Jersey Mike’s or Firehouse subs making better sandwhiches.

  • @Loarnold

    @Loarnold

    17 күн бұрын

    @@user-cw3wm9lx7w all of that is overpriced garbage food

  • @mrmakeembreakitdown

    @mrmakeembreakitdown

    16 күн бұрын

    Restaurants don’t pay 20$ smart one

  • @mrmakeembreakitdown

    @mrmakeembreakitdown

    16 күн бұрын

    They literally attributed their losses to coupons and special deals its broke peoples fault

  • @Loarnold

    @Loarnold

    16 күн бұрын

    @@mrmakeembreakitdown I can tell you’re broke. where do you live? Restaurants around here pay $20 an hour, these aren’t restaurant workers they are fast food employees. Like you probably are.

  • @hitman6191
    @hitman619117 күн бұрын

    The one in La mesa has been closed for a year now. Keep up People, this company has been in the red for years now.

  • @Sunset4Semaphores
    @Sunset4Semaphores10 күн бұрын

    *That man ate all our shrimp, and three plastic lobsters!*

  • @boohoohoohoo
    @boohoohoohoo17 күн бұрын

    0:55 OF?

  • @bbustin1747
    @bbustin174717 күн бұрын

    Poop happens like the google /youtube algorithm censor sheat detail 😂

  • @timbrown8038
    @timbrown803817 күн бұрын

    San Diego is next to the ocean last time I checked.

  • @tracybroughman1819
    @tracybroughman181916 күн бұрын

    Did sizzler teach no one anything .?

  • @nancydavis4618
    @nancydavis461812 күн бұрын

    I loved working there 40 yrs ago, made good money, too

  • @StevenLee-gw4cm
    @StevenLee-gw4cm17 күн бұрын

    Bankruptcy 😌😌😌😌 not following directions

  • @UncleDavesKitchen
    @UncleDavesKitchen13 күн бұрын

    That's a shame, it was my favorite restaurant.

  • @ACJOSO
    @ACJOSO16 күн бұрын

    Let’s talk about buttered sausage, where it comes from, what it does. Why does it do what it’s doing, get it out of my face. It’s not my jam, I don’t buy jam, I buy honey and I kiss it on the lips.

  • @BlackandBlessed100
    @BlackandBlessed10016 күн бұрын

    Damn the restaurant These are people jobs Save your money Don’t pay rent if you lost your job Don’t buy anything new Save your money Own some property if you can no matter how small I did that in 2017 I was ok

  • @roland3445
    @roland344517 күн бұрын

    That's what you get when you're for profit only and not there just to serve the public

  • @daleschroeder-jm9gu
    @daleschroeder-jm9gu13 күн бұрын

    Bring back the red barn best hambugers ever😁

  • @marknewman8368
    @marknewman836815 күн бұрын

    ALL 99 CENT STORES CLOSING

  • @hood_TheJoker
    @hood_TheJoker17 күн бұрын

    who the heck eats at Red Lobster any more... laughable

  • @Alex10daysago
    @Alex10daysago17 күн бұрын

    I blame Beyonce.

  • @Shua98

    @Shua98

    17 күн бұрын

    🤣🤣 that’s funny

  • @user-kp7is4nx4c
    @user-kp7is4nx4c17 күн бұрын

    Bro who goes to red lobster lol. That place is disgusting.

  • @maymoon8851
    @maymoon885117 күн бұрын

    😱😭😱😭😱😭

  • @user-cw3wm9lx7w
    @user-cw3wm9lx7w17 күн бұрын

    Private equity killed another business, ban PE.

  • @LemonHillSoccer

    @LemonHillSoccer

    16 күн бұрын

    Ban Biden

  • @user-bp6zq9mi3r
    @user-bp6zq9mi3r17 күн бұрын

    Good I'm glad Red lobster's closing the food there sucks

  • @user-hy5nd9dr5t
    @user-hy5nd9dr5t17 күн бұрын

    food sucks anyway

  • @janedoe1404

    @janedoe1404

    15 күн бұрын

    I agree

  • @rotting-mm7ks
    @rotting-mm7ks17 күн бұрын

    Food was 2/10 nothing of value was lost

  • @KevinB-gj1gk
    @KevinB-gj1gk17 күн бұрын

    Joe Bidens America 🇺🇸

  • @HKim0072

    @HKim0072

    17 күн бұрын

    GOP Private Equity America. The company had $1.6 billion in real estate assets that the private equity sold off in the 2014. Instead of owning $1.6 billion in assets, they had to start paying rent.

  • @user-cw3wm9lx7w

    @user-cw3wm9lx7w

    17 күн бұрын

    @@HKim0072 yel.

  • @BuB2181

    @BuB2181

    17 күн бұрын

    Ignorance in ownership, keep the political crap out of this.

  • @shadyscruples7161

    @shadyscruples7161

    17 күн бұрын

    @@BuB2181Trump 2024!! MAGA!!

  • @yayayay4277

    @yayayay4277

    10 күн бұрын

    Could you please elaborate? Maybe I'm just not in the loop but are you able to provide literally any facts at all that would indicate this has anything to do with the biden administration?

  • @First1ToComment
    @First1ToComment17 күн бұрын

    Place is trash

  • @Hoovie9596
    @Hoovie959616 күн бұрын

    Dead Lobster

  • @crisg.5766
    @crisg.576617 күн бұрын

    Bidenomics. Bravo dems you're "building back better" .... 🤪

  • @yayayay4277

    @yayayay4277

    10 күн бұрын

    He just curious, could you please provide any, literally any, facts that would suggest this is a result of the democrats and biden administration? Maybe I'm just out of the loop, I'm genuinely asking I'm really not even trying to get political

  • @optimal8155
    @optimal815516 күн бұрын

    Bidenomics

  • @yayayay4277

    @yayayay4277

    10 күн бұрын

    Why do you say that? Could you provide any facts? I'm sincerely asking maybe I'm just out of the loop

  • @propblast82nd
    @propblast82nd17 күн бұрын

    Bidenomics 😱

  • @mrmakeembreakitdown

    @mrmakeembreakitdown

    16 күн бұрын

    Did you not hear broke aka cheap people like you caused this

  • @yayayay4277

    @yayayay4277

    10 күн бұрын

    Can you elaborate on why exactly this has anything to do with democrats/biden administration? I'm genuinely asking

  • @TravisDoesKayakFishing
    @TravisDoesKayakFishing17 күн бұрын

    Who cares. Nobody respectable eats there.

  • @relaws52
    @relaws5217 күн бұрын

    Blame tRump

  • @moderndaycaveman2519

    @moderndaycaveman2519

    17 күн бұрын

    How??? Sleepy Joe has been in charge

  • @michaeltabanao8092

    @michaeltabanao8092

    17 күн бұрын

    I blame Trump for having the biggest rally in NJ

  • @davidpulido2942

    @davidpulido2942

    17 күн бұрын

    Another deranged fan of sleepy Joe.

  • @longdue44756
    @longdue4475617 күн бұрын

    Nasty food anyways

  • @UnenthusiasticPerson
    @UnenthusiasticPerson17 күн бұрын

    Bidenomics

  • @yayayay4277

    @yayayay4277

    10 күн бұрын

    Could you please elaborate?