After closing over 10 New York locations, Red Lobster has filed for bankruptcy and revealed the reason for these drastic moves.

Last week, Hudson Valley Post learned Red Lobster is closing nearly 100 locations across the country, including many in New York.

Red Lobster Abruptly Closes Many Locations
Getty Images

We soon learned more locations in New York closed. See the full list of New York closures below.

11 New York Red Lobster Locations Suddenly Close

Read More: New Year Brings 2 New Holidays To New York State

Red Lobster Closes Locations In Poughkeepsie, Kingston, Nanuet, Scarsdale, Lakewood, Buffalo, Amherst, Williamsville, Rochester, Stony Brook, Watertown

Red Lobster Closed
Google Maps/Canva

Last month, Hudson Valley Post reported the future of the popular eatery was in danger because owners were considering filing bankruptcy.

After announcing plans to close about 100 locations nationwide, Red Lobster was hoping to find a buyer to avoid bankruptcy.

Red Lobster Files For Bankruptcy

Red Lobster Files For Bankruptcy Protection
Getty Images

On Sunday, the company officially filed for voluntary Chapter 11 bankruptcy.

The company didn't announce any more closures and plans to keep its remaining locations open by selling the remaining locations to its group of lenders.

For all the news that the Hudson Valley is sharing make sure to follow Hudson Valley Post on Facebook, download the Hudson Valley Post Mobile


Investigation Into Endless Shrimp Promotion

The company is now also investigating how the chain's majority owner, Thai Union, handled the "endless shrimp" promotion.

Red Lobster Files For Bankruptcy Protection
Getty Images

That promotion caused $11 million in losses, according to court documents.

This May Impact You: 1 Of New York's Biggest Gas Stations To Close 1,000 Locations

During the promotion, Red Lobster faced a major shrimp shortage and ended relationships with two shrimp suppliers. This made Thai Union the exclusive shrimp supplier for Red Lobster leading to higher costs, according to Reuters.

50 Beloved Retail Chains That No Longer Exist

LOOK: 50 Beloved Retail Chains That No Longer Exist

Stacker takes a look at 50 major retail chains that no longer exist and the reasons for their demise.  

Gallery Credit: Madison Troyer

Keep Reading:

New York State Home To America's 12 Favorite Food Chains

Here are America's 12 most popular dining options. All have locations in New York State!

Fast Food Secrets You Need to Know

Fast Food Secrets You Need to Know

Social media has made it possible to share all the fast food secrets and hacks you need to save a buck. Here are some of our favorites, which you can definitely use if you're ever looking for a cheap meal.

Gallery Credit: Joe Cunningham

More From Hudson Valley Post