Red Lobster’s endless shrimp deal created ‘a lot of chaos,’ new CEO divulges on bankruptcy
but Red Lobster’s $20 endless shrimp deal was allegedly the main suspect in the chain’s bankruptcy filing earlier this year, ...
Hosted on MSN8mon
Red Lobster blames top shareholder for all-you-can-eat shrimp fiasco in bankruptcy filing
Red Lobster’s top executive ... shareholder in the ill-fated all-you-can-eat shrimp promotion as the nation’s largest seafood chain filed for bankruptcy. The Orlando, Fla.- ...
Wall Street Journal9mon
Red Lobster Filed for Bankruptcy Because of Shrimp
Red Lobster has filed for bankruptcy protection and will sell its assets. WSJ explains what went wrong for the seafood restaurant chain. News moves fast, and there's not always time to untangle ...
Business Insider8mon
Red Lobster bought a lot of shrimp from its Thai owner. Now, the new CEO is investigating.
Red Lobster didn't go bankrupt just because of too much endless shrimp. But the company's CEO ... a statement that it had filed for Chapter 11 bankruptcy. Red Lobster said its restaurants would ...
Lehigh Valley Live4mon
Red Lobster survives Chapter 11 bankruptcy under new ownership
Red Lobster, the seafood chain known for its endless shrimp deals and cheddar bay biscuits, has emerged from Chapter 11 bankruptcy, according to the company. A U.S. bankruptcy judge approved the ...
Missoulian2mon
Red Lobster, TGI Fridays make way for new businesses
Red Lobster was driven into bankruptcy by mismanagement under a previous owner, global shrimp supplier Thai Union, while TGI Fridays fell under private equity owner TriArtisan Capital Advisors.
Omaha.com2mon
Red Lobster and TGI Fridays are closing. Here’s what’s moving in
Red Lobster was driven into bankruptcy by mismanagement under a previous owner, global shrimp supplier Thai Union, while TGI Fridays fell under private equity owner TriArtisan Capital Advisors.