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Red Lobster is blaming its bankruptcy on top shareholder and its ex-CEO, saying an $11M...
Fortune via Yahoo Finance· 8 hours agoThe new CEO at seafood chain Red Lobster said an endless shrimp deal was a nail in the coffin for...
Fired Red Lobster Employees Have Quite the Tales About the “Endless Shrimp” Debacle
Slate via Yahoo Finance· 1 day agoThat is bad news for Michael Durrant, a 23-year-old who told me he is “very broke” and recently...
Red Lobster Gets Stung by Endless Shrimp
The Wall Street Journal· 18 hours ago“There are no other affordable seafood restaurants.” Jess McKay, a 33-year-old fitness instructor from Ontario, Canada, savors childhood memories of...
How Red Lobster’s Misguided Endless Shrimp Promotion Drove it Into Bankruptcy | VIDEO | EURweb
EURweb· 7 hours agoRed Lobster made $20 endless shrimp permanent last summer, a big mistake after 20 years of success...
Red Lobster bought a lot of shrimp from its Thai owner. Now, the new CEO is investigating.
Business Insider· 6 hours agoRed Lobster's new CEO questioned the company's purchasing processes, including from owner and...
Red Lobster probes "endless shrimp" losses after bankruptcy filing
Reuters via Yahoo Finance· 1 day agoRed Lobster, which filed for Chapter 11 bankruptcy in Florida on Sunday night, is investigating the...
Red Lobster choked on its own shrimp supply
CNN Business via AOL· 9 hours agoRed Lobster’s bankruptcy report included a blow-by-blow account of its path toward financial ruin, and it was as juicy as a fresh crab leg dipped in...
Cost-cutting, private equity, and the ‘Thai shrimp mafia’: What really drove Red Lobster into...
The Independent via Yahoo News· 18 hours agoThe famous seafood chain lost $11m on a disastrous ‘endless shrimp’ deal. But bankruptcy documents...
Red Lobster closes dozens of locations across the US just months after 'endless shrimp' losses
San Francisco Chronicle· 8 hours agoDozens of Red Lobster locations across the U.S. are on the chopping block. Restaurant liquidator...
Even after Red Lobster bankruptcy, you can still eat at these Florida locations
The News-Press via Yahoo Finance· 56 minutes agoAccording to Bloomberg, Red Lobster has been finding it difficult to make money with its current leases and labor costs. It has also been reported by CNN ...