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Cost-cutting, private equity and piles of shrimp: What really drove Red Lobster into bankruptcy
The Independent via Yahoo News· 13 hours agoThe famous seafood chain lost $11m on a disastrous ‘endless shrimp’ deal. But bankruptcy documents...
Red Lobster files for bankruptcy
CNN Business via Yahoo Finance· 2 days agoRed Lobster, which brought affordable shrimp and lobster to middle-class America and grew to become the largest seafood restaurant chain in the world,...
Column: It wasn't just the endless shrimp — Red Lobster's corporate owners drove it into bankruptcy
LA Times via Yahoo Finance· 15 hours agoThai Union originally bought into Red Lobster as a strategic foray into retail dining. According to...
Red Lobster is blaming its bankruptcy on top shareholder and its ex-CEO, saying an $11M...
Fortune via Yahoo Finance· 1 day agoThe decision cost the Florida-based brand $11 million and also saddled the business with "burdensome...
These Are All of the Red Lobster Locations That Are Closing So Far
People via Yahoo Finance· 7 days agoThe news may not come as a shock to some customers. Red Lobster was considering a Chapter 11 ...
Red Lobster seeks bankruptcy protection days after closing dozens of restaurants
The Washington Times· 2 days agoRed Lobster has filed for Chapter 11 bankruptcy protection days after shuttering dozens of...
Red Lobster officially files for bankruptcy: What does it mean for the restaurants?
WPIX New York City, NY via Yahoo Finance· 1 day agoLess than one week after Red Lobster announced the closure of dozens of restaurants across the...
Red Lobster’s management issues led to bankruptcy
KTLA-TV Los Angeles· 14 hours agoRed Lobster noted, in its recent bankruptcy filings, that it faced mismanagement issues over the past decade as the company looks to rebound over the...
The end of endless shrimp? Red Lobster files for bankruptcy protections
Deseret News via Yahoo Finance· 2 days ago“Thai Union forced huge cost reductions, including many that were penny wise and pound foolish...
The rise and fall of Red Lobster, which just filed for bankruptcy after a failed endless shrimp...
INSIDER via Yahoo News· 2 days agoHowever, many of the changes were begrudged by Red Lobster employees. An... Lobster executive told...
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