# Red Lobster's Oldest Location Closes, CEO Seeks Turnaround

Page: https://stenobird.com/podcast/mesa-news-today-2-min-news-the-daily-news-now-7559357/red-lobster-s-oldest-location-closes-ceo-seeks-turnaround
Text version: https://stenobird.com/podcast/mesa-news-today-2-min-news-the-daily-news-now-7559357/red-lobster-s-oldest-location-closes-ceo-seeks-turnaround.md
Podcast: [Mesa News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/mesa-news-today-2-min-news-the-daily-news-now-7559357)
Published: 2026-05-21T05:53:21+00:00
Episode link: https://api.fastcast.ai/audio/d4404ce1-518e-45ba-af0a-01890cfbb7b3.mp3
Audio file: https://api.fastcast.ai/audio/d4404ce1-518e-45ba-af0a-01890cfbb7b3.mp3
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Duration seconds: 80

## Resource

Red Lobsters oldest location in Tallahassee, Florida, is closing after 56 years, following an $11 million loss and a new CEOs turnaround plan involving store closures. The chain has faced financial struggles, with 17 other Florida locations already shut down, and investors injecting $60 million. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/cf6fb14f0bb51a98

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## Transcript

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