BURLINGTON, N.C. — Dozens of Red Lobster locations abruptly closed Monday and one Triad location is on the list.
The Burlington Red Lobster on Glidewell Drive has closed its doors for good.
Liquidation company TAGeX Brands announced Monday afternoon that it was conducting an online auction of kitchen equipment and other contents of closed Red Lobster restaurants.
"People have heard about the closure of select Red Lobsters. TAGeX Brands is proud to launch the largest restaurant liquidation EVER through its online auction marketplace," The company's CEO Neal Sherman said on LinkedIn Monday.
The auction, where winners will receive the entire contents of the Red Lobster location they bid on, went live on Monday and will end on Thursday, May 16, according to the site.
While the auction only lists 48 locations, more than 80 Red Lobster stores nationwide were listed as "temporarily closed" on the restaurant's website on Monday.
The closures come as bankruptcy rumors circled the seafood restaurant chain in recent weeks. Red Lobster, known for its endless shrimp deals, has been searching for a buyer to avoid filing for Chapter 11, multiple media outlets reported last month.
The Greensboro and Winston-Salem locations remain open at this time.
Other North Carolina locations closed
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