Red Lobster Gets Stung By Endless Shrimp
Michael Paine loved Red Lobster’s coconut shrimp. Maybe too much. He forked over $25 for the chain’s all-you-can-eat shrimp ...
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‘The best path forward’: Red Lobster didn’t go bankrupt because of $20 Endless Shrimp alone — 2 other factors that helped sink the seafood chain
Red Lobster currently leases 687 locations, which results in significant rent expenses. In 2023, the company reports its lease obligations totaled $190.5 million, including over $64 million ...
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Red Lobster, TGI Fridays make way for new businesses - Press of Atlantic City
Chains like Red Lobster and TGI Fridays filed for bankruptcy this year and closed more than 175 restaurants combined. Red Lobster was driven into bankruptcy by mismanagement under a previous owner ...