The Red Lobster at 3056 Preston Road in Frisco closed on Sunday, Nov. 1, 2026, with door signage confirming the shutdown. The closure lands just over two years after the seafood chain filed for bankruptcy, and it adds Frisco to a growing list of North Texas communities losing their local Red Lobster.
According to Community Impact, the restaurant’s closing was confirmed by the signage posted on its door, and the chain said in a statement that it was grateful to every guest who visited over the years. The Frisco location had served the chain’s usual lineup of shrimp, lobster, crab, fish, pasta, steaks and its signature cheddar bay biscuits before shutting its doors. Community Impact reports the bankruptcy filing led to closures of multiple North Texas locations, though the outlet did not specify which other restaurants in the region were affected.
A Bankruptcy That Keeps Reshaping the Chain
Red Lobster filed for Chapter 11 bankruptcy protection in May 2024, a move that set off a wave of closures across the country. The company closed more than 100 locations that year alone, according to Inc. As of May 2024, the company’s own website listed 99 locations as closed across 28 states, per USA Today, which also reported that the bankruptcy filing cited a 30% drop in guests since 2019.
The company has continued trimming its footprint well past that initial round of cuts. The chain reiterated this week that closing underperforming restaurants remains part of its long-term growth strategy, according to a report from NRN. That outlet noted that in recent weeks alone, Red Lobster closed three locations in Alabama, two in Illinois and one in California, citing local media reports.
Conflicting Counts on How Big the Chain Still Is
Exactly how much of Red Lobster remains is murky, with different outlets reporting different totals. NRN reported that as of this week, the chain’s website listed 484 U.S. locations, down 36 from the 520 it had at the end of 2025 — a 7% drop. Inc., in a separate report, put the chain’s footprint at approximately 540 restaurants nationwide…