Red Lobster's Times Square Closure Sparks Viral Rumors of a Secret Rebrand, Here's What's Real vs Fake
A viral rumor claiming that Red Lobster's iconic Times Square location in New York City has permanently closed due to bankruptcy and is secretly being rebranded into a celebrity-endorsed seafood chain called "Crab King" has exploded across social media. However, fact-checkers confirm this is fake. While Red Lobster did close its Times Square restaurant in 2023 amid financial struggles and a Chapter 11 bankruptcy filing, the property was simply vacated and is now reportedly being considered for a Shake Shack or an event space, not a new seafood concept. No official plans for a "Crab King" or any celebrity tie-in exist. The fake news originated from a satirical account on X and a doctored press release, but real official statements from Red Lobster's corporate office state the closure was due to "lease expiration and declining foot traffic" in the tourist-heavy area, not a secret rebranding. So, enjoy the cheddar bay biscuits, but don't believe the viral hype.