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Was endless shrimp Red Lobster's downfall? If you subsidize stuff, people will take it.
USA TODAY Opinion· 4 days agoThere are many reasons for the chain's failures. The most fun reason to talk about (even if it's not...
Red Lobster could close more than 100 additional restaurants if it can't renegotiate leases
Restaurant Business· 3 days agoA list of potential closures includes the Red Lobster in Times Square. Red Lobster could close more...
‘The best path forward’: Red Lobster didn’t go bankrupt because of $20 Endless Shrimp alone — 2...
MSN News· 2 days agoIts restaurants remain open, for now.
What's going on at Red Lobster and is the endless shrimp promotion to blame?
Financial Post via Yahoo Finance· 5 days agoWhat’s to blame for the downfall? While there have been plenty of jokes about Red Lobster’s...
Bankruptcy, pricing struggles all rooted in corporate greed
The Gazette· 7 hours agoSeveral recent news items seem unrelated but have a common foundation, corporate greed. Red Lobster, in business since 1968, has filed for bankruptcy. While ...
How private equity keeps failing brands like Red Lobster
Private Banker International via Yahoo Finance· 6 days agoIn its filing, Johnathan Tibus, the CEO brought in for the restructuring, said that the 2023...
Red Lobster Faces More Than 100 Possible Closures Due To Leasing Issues
Tasting Table via Yahoo Finance· 2 days agoWhen it rains, it pours, and Red Lobster is in the middle of a torrential storm. After a series of...
Private equity FAQ
Berkshire Eagle· 4 days agoAs you may have heard, the recent Red Lobster bankruptcy and subsequent closures were largely caused by private equity and endless < ...
So Endeth the Shrimp, Confirmation Bias, and Evasive Maneuvers | JD Supra
JD Supra· 6 days agoThe restaurant chain has listed its assets and liabilities worth between $1 billion and $10 billion. Seafood restaurant chain Red Lobster is investigating ...
What Red Lobster’s bankruptcy means for Maine
Bangor Daily News· 4 days 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...