Was Endless Shrimp to Blame for Red Lobster's Bankruptcy? episode artwork

EPISODE · May 27, 2024 · 17 MIN

Was Endless Shrimp to Blame for Red Lobster's Bankruptcy?

from Patrick Boyle On Finance · host Patrick Boyle

Send us a textRed Lobster was America’s largest casual dining seafood chain, with almost 600 locations across the United States and Canada. Its bankruptcy was announced earlier this week.The bankruptcy declaration insinuates that the chains equity owner who was also their biggest seafood supplier might have decided that their equity stake in the business was worthless, but that they could extract some extra value from the company before it declared bankruptcy by selling them a lot of extra sh...

Episode metadata supplied by the publisher feed · Published May 27, 2024

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Was Endless Shrimp to Blame for Red Lobster's Bankruptcy?

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