Red Lobster Breaks Silence on ‘Misunderstood’ Bankruptcy Filing: ‘Does Not Mean We Are Going Out of Business’

It may be the end of an era for beloved seafood chain Red Lobster, which officially declared bankruptcy on Monday after months of speculation and dozens of abrupt restaurant closures.

Now, the company is speaking out to loyal customers — and investigating the role that its shrimp supplier may have played in its demise.

Related: Red Lobster Suddenly Shutters Dozens of Locations Without Warning Employees, Begins Auctioning Off Equipment

In a letter posted to social media, Red Lobster thanked customers for their nearly five decades of loyalty and assured the masses that the chain wasn’t going anywhere.

We’re here to celebrate every moment, big or small, with our valued guests. pic.twitter.com/JmAoNGP4a8

— Red

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