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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...
Was endless shrimp Red Lobster's downfall? If you subsidize stuff, people will take it.
USA TODAY Opinion· 4 days agoLobster locations as the restaurant chain faces serious trouble. There are many reasons for the...
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.
Bankruptcy, pricing struggles all rooted in corporate greed
The Gazette· 6 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 ...
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 ...
Letter: Blame high prices on corporate executives
Quad-City Times· 1 day agoShrimp, Manufactured Homes, Prices
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...
Red Lobster's bankruptcy mess is reminiscent of an Iowa problem
The Des Moines Register via Yahoo Finance· 4 days agoRed Lobster, in business since 1968, has filed for bankruptcy. While the company’s decline has been attributed to the pandemic, inflation, and poor management ...
Costco’s $1.50 hot dog price is ‘safe’ | CNN Business
CNN.com· 3 days agoCostco’s new chief financial officer has a reassuring message for inflation-weary customers: don’t...