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How private equity keeps failing brands like Red Lobster
Private Banker International via Yahoo Finance· 8 hours agoWorking with a consortium of other minor investors, the seafood supplier bought the company in 2020...
Red Lobster closings dot the country. We mapped out where all 99 are located.
USA Today· 6 days agoRed Lobster filed for Chapter 11 bankruptcy in Florida on Sunday. Here's a list of the company's restaurant locations that are closed.
Red Lobster didn’t go bankrupt because of $20 Endless Shrimp alone — 2 factors that helped sink the...
Moneywise via Yahoo Finance· 3 days agoHistorically, the restaurant chain didn’t have this much rent to pay as it used to own the real...
Red Lobster's owner once said the business left such a 'big scar' on him that he had to 'stop eating...
Business Insider· 1 day agoThis story is available exclusively to Business Insider subscribers. Become an Insider and start...
Column: It wasn't just the endless shrimp — Red Lobster's corporate owners drove it into bankruptcy
LA Times via AOL· 7 days agoBut that doesn't account for the gluttony of Red Lobster's former private equity owners, San...
7 Iconic Restaurant Chains Closing Nationwide, Including Many In New York
New Jersey 101.5 FM· 2 days agoSeven of America's most popular restaurant chains confirmed nationwide closures. Many eateries in...
How to get Red Lobster's best dishes locally — if it goes out of business
The Bergen Record via Yahoo News· 3 days agoIt's a bad week for Red Lobster lovers, as the nautical restaurant chain has recently filed for...
Cost-cutting, private equity and piles of shrimp: What really drove Red Lobster into bankruptcy
The Independent via Yahoo News· 7 days agoThe famous seafood chain lost $11m on a disastrous ‘endless shrimp’ deal. But bankruptcy documents...
How private equity rolled Red Lobster
NBC News via Yahoo Finance· 4 days agoWhen a private-equity firm bought Red Lobster in 2014, it sold the land under the restaurants for $1.5 billion. Now the restaurants can't pay the rent.
Red Lobster in Florida: Restaurants that are open, closed after company files for bankruptcy
The Palm Beach Post· 5 days agoThough Red Lobster sites closed across the country, there are several in Florida still serving...
