Red Lobster claws away closing rumors

Red Lobster The popular seafood restaurant chain Red Lobster is not immediately closing down, according to the spokesperson of Darden Restaurants Inc., Rich Jefferson. Jefferson made this very clear on Friday with Darden commenting, “We never said we 

FILE – In this Thursday, Sept. 6, 2012 file photo, a Red Lobster restaurant is shown in Hialeah, Fla. The chain that brought seafood to the masses is hoping to broaden its appeal by revamping its menu on Oct. 15 to boost the number of dishes that cater

"As consumer demand dynamics have changed, Red Lobster's priorities and operating support requirements have come to differ meaningfully from those of Darden's other brands, which are having greater success increasing appeal among consumers 

A spokesperson for the company that owns Red Lobster said in a news release that the restaurant chain will become a separate company, and management has no immediate plans to close any locations. Darden Restaurants Inc. owns Red Lobster — the 

Darden Restaurants said it would sell or spin off its Red Lobster business, buckling under pressure from activist investor Barington