Red Lobster is closing its Times Square flagship restaurant after 23 years. It's a sign the chain is committed to trimming the fat post-bankruptcy. Richard B. Levine/Getty Images Red Lobster's Times Square flagship is closing this month after 23 years. When I visited recently, the food was better than I remembered from the chain's bankruptcy era. The chain is improving, but its turnaround is far from complete. When I visited Red Lobster's Times Square location in March for the first time since