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Red Lobster is blaming its bankruptcy on top shareholder and its ex-CEO, saying an $11M...
Fortune via Yahoo Finance· 6 hours agoThe new CEO at seafood chain Red Lobster said an endless shrimp deal was a nail in the coffin for...
How Red Lobster’s Misguided Endless Shrimp Promotion Drove it Into Bankruptcy | VIDEO | EURweb
EURweb· 6 hours agoRed Lobster made $20 endless shrimp permanent last summer, a big mistake after 20 years of success...
Fired Red Lobster Employees Have Quite the Tales About the “Endless Shrimp” Debacle
Slate via Yahoo Finance· 23 hours agoThat is bad news for Michael Durrant, a 23-year-old who told me he is “very broke” and recently...
Red Lobster choked on its own shrimp supply
CNN Business via AOL· 7 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...
Red Lobster Gets Stung by Endless Shrimp
The Wall Street Journal· 17 hours ago“There are no other affordable seafood restaurants.” Jess McKay, a 33-year-old fitness instructor from Ontario, Canada, savors childhood memories of...
Red Lobster bought a lot of shrimp from its Thai owner. Now, the new CEO is investigating.
Business Insider· 5 hours agoRed Lobster's new CEO questioned the company's purchasing processes, including from owner and...
Red Lobster closes dozens of locations across the US just months after 'endless shrimp' losses
San Francisco Chronicle· 6 hours agoDozens of Red Lobster locations across the U.S. are on the chopping block. Restaurant liquidator...
It’s more than shrimp: What led to Red Lobster’s bankruptcy
Restaurant Dive via Yahoo Finance· 8 hours agoA cash shortage, traffic declines and pressure from equity sponsor Thai Union to become its sole ...
Cost-cutting, private equity, and the ‘Thai shrimp mafia’: What really drove Red Lobster into...
The Independent via Yahoo News· 16 hours agoThe famous seafood chain lost $11m on a disastrous ‘endless shrimp’ deal. But bankruptcy documents...
Red Lobster probes "endless shrimp" losses after bankruptcy filing
Reuters via Yahoo Finance· 23 hours agoRed Lobster, which filed for Chapter 11 bankruptcy in Florida on Sunday night, is investigating the...