Quote:
Originally Posted by stevej37
Not sure what that means....still chapter 11?
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Market saturation, Covid shutdowns, minimum wage raises, all-you-can-eat shrimp deal, plus management problems with Thai Union (but not sure about the details).
https://www.cnn.com/2024/05/20/business/what-went-wrong-at-red-lobster/index.html
How many chains are out there? TGIF, Applebees, Ruby Tuesday, Olive Garden, Red Lobster....
geesh never mind the burgers and pizza, just the seafood list is extensive
https://en.wikipedia.org/wiki/List_of_seafood_restaurants