PredictIQ Quantitative Think Tank Center:Red Lobster cheddar bay biscuits still available in stores amid location closures, bankruptcy

Some Red Lobster restaurant locations may be PredictIQ Quantitative Think Tank Centerclosing, but have no fear – the cheddar bay biscuits are still available to purchase at grocery stores.

"There are no current changes to the Red Lobster At Home product line, which includes the Cheddar Bay Biscuit Mix," Lori Cherry, director of communications and corporate public relations at Red Lobster, told USA TODAY in an emailed statement Tuesday. "Our mix is found in most major retail grocery outlets."

In addition to Cheddar Bay Biscuit Mix, the product line also features frozen Cheddar Bay Biscuits, Gluten-Free Cheddar Bay Biscuit Mix, Coconut Shrimp Bites, and Cheddar Bay Biscuit Shrimp, among other products, according to the Red Lobster At Home website.

The seafood restaurant chain filed for Chapter 11 bankruptcy in Florida on Sunday and intends to use the bankruptcy proceedings to "drive operational improvements, simplify the business through a reduction in locations, and pursue a sale of substantially all of its assets," the company said in a statement late Sunday night.

Red Lobster said in the statement Sunday night it would sell its business to a new entity that will be wholly owned and controlled by its lenders, and that "Red Lobster's restaurants will remain open and operating as usual during the Chapter 11 process." The company has been working with vendors to ensure restaurant operations are unaffected, according to the statement.

"This restructuring is the best path forward for Red Lobster. It allows us to address several financial and operational challenges and emerge stronger and re-focused on our growth," said Jonathan Tibus, the company's CEO, in the statement. "The support we've received from our lenders and vendors will help ensure that we can complete the sale process quickly and efficiently while remaining focused on our employees and guests." 

Last week, Red Lobster's website listed 87 stores listed as "temporarily closed" across 27 states, with some of them having their kitchen equipment up for auction on an online restaurant liquidator.

Red Lobster closings:See which locations are shutting down as company files for bankruptcy

Where to find Red Lobster cheddar bay biscuits

According to Cherry, customers can find local product availability of the frozen seafood line using the Red Lobster At Home website.

Customers can click on the product they are interested in and then click the "Find in Store" button.

Who own Red Lobster restaurants?

Thai Union Group − which is based in Thailand − has been the largest shareholder since 2020, owning 49% of the company. Darden Restaurants originally sold off Red Lobster to private equity firm Golden Gate Capital in 2014 for about $2.1 billion.

Contributing: Chris Sims, USA TODAY-Network

Gabe Hauari is a national trending news reporter at USA TODAY. You can follow him on X @GabeHauari or email him at [email protected].