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It wasn't the endless shrimp that doomed Red Lobster. How private equity pinched the seafood chain.
NBC Universal via AOL· 6 days agoWhen a private-equity firm bought Red Lobster in 2014, it sold the land under the restaurants for...
Was endless shrimp Red Lobster's downfall? If you subsidize stuff, people will take it.
USA TODAY Opinion· 3 hours agoHere's a guaranteed way to rake in customers: Take a good or service in high demand, put an...
It Was A Bad Real Estate Deal, Not A Bad Meal Deal That Killed Red Lobster
Benzinga via AOL· 19 hours agoWhen the venerable Red Lobster restaurant chain filed for bankruptcy and announced it would be...
Red Lobster Seeks Bankruptcy Protection After Closing Dozens Of Restaurants
The Post-Journal· 3 days agoA Red Lobster restaurant is seen in Schaumburg, Ill., Monday, May 20, 2024. Red Lobster is seeking...
What Red Lobster’s bankruptcy means for Maine
Bangor Daily News· 7 hours agoRed Lobster, the well-known casual dining seafood company, does not have any restaurants in Maine, having shut down its two branches in the state in the...
What's going on at Red Lobster and is the endless shrimp promotion to blame?
Financial Post via Yahoo Finance· 24 hours agoAfter filing for bankruptcy in the U.S. this month, the future of the beleaguered seafood restaurant...
Red Lobster Vs Joe's Crab Shack: Which Chain Is Better?
Mashed via Yahoo News· 2 days agoRed Lobster and Joe's Crab Shack - Static Media/Shutterstock In May of 2024, word got out that...
Red Lobster in Florida: Restaurants that are open, closed after company files for bankruptcy
The Palm Beach Post· 7 days agoThough Red Lobster sites closed across the country, there are several in Florida still serving...
Private equity FAQ
Berkshire Eagle· 3 hours agoAs you may have heard, the recent Red Lobster bankruptcy and subsequent closures were largely caused by private equity and endless shrimp. So today,...
How a global seafood giant broke Red Lobster – KION546
KION 46 Salinas· 5 days agoWhen seafood conglomerate Thai Union Group became Red Lobster’s leading shareholder in 2020, gaining...