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Cost-cutting, private equity and piles of shrimp: What really drove Red Lobster into bankruptcy
The Independent via Yahoo News· 9 minutes agoThe famous seafood chain lost $11m on a disastrous ‘endless shrimp’ deal. But bankruptcy documents...
Column: It wasn't just the endless shrimp — Red Lobster's corporate owners drove it into bankruptcy
LA Times via Yahoo Finance· 2 hours agoThe current management says it's "investigating the circumstances around these decisions." The...
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 is blaming its bankruptcy on top shareholder and its ex-CEO, saying an $11M...
Fortune via Yahoo Finance· 11 hours agoThe new CEO at seafood chain Red Lobster said an endless shrimp deal was a nail in the coffin for...
Red Lobster Owner Disputes ‘Endless Shrimp’ Deal Allegations
Bloomberg via Yahoo Finance· 3 hours ago(Bloomberg) -- The Thai seafood supplier that owns Red Lobster Management LLC disputed allegations...
How endless shrimp drove Red Lobster to bankruptcy - East Idaho News
EastIdahoNews.com· 1 day agoEndless shrimp was a successful annual limited-time offer for Red Lobster for 20 years. Red < ...
Red Lobster breaks silence following bankruptcy filing, restaurant closings
WGRZ-TV Buffalo· 3 hours agoThe Florida-based seafood chain, which won fans with inventions like popcorn shrimp and “endless”...
Red Lobster reviewers say Endless Shrimp isn’t the only reason for bankruptcy
Consumer Affairs· 9 hours agoWhile the chain’s “Endless Shrimp” promotion may have played a role in the company’s financial...
Red Lobster choked on its own shrimp supply
CNN Business via AOL· 12 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...