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Why Red Lobster's 'Endless Shrimp' Is Too Much of a Good Thing
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Red Lobster Gets Stung By Endless Shrimp
As the chain files for bankruptcy, fans have rushed to dine there or try to snag a piece of losing locations—how about a lobster tank?The Wall Street Journal - World -
What killed Red Lobster? Endless shrimp, above-market leases, labor costs, and inflation, says new CEO
Red Lobster’s new CEO pins the blame for the company’s bankruptcy on a host of factorsMarketWatch - Business -
Why Red Lobster is filing for bankruptcy
Red Lobster, America's largest seafood restaurant chain, is in a serious financial pinch and filing for bankruptcy protection. Nikki Battiste reports on why the once popular chain has struggled to reel in customers.CBS News - Top stories -
Red Lobster files for bankruptcy
Red Lobster filed for Chapter 11 bankruptcy Sunday, announcing it will close a significant number of its restaurants and sell equipment in an attempt to raise funds. The announcement comes a week after the company closed 48 of its locations, ...The Hill - Politics -
Red Lobster Files for Bankruptcy Protection
Chapter 11 heads chain's menu as it secures $100 million in financing from its current lenders.Inc. - Business -
Red Lobster voluntarily files for bankruptcy
Seafood chain Red Lobster has filed for voluntary Chapter 11 bankruptcy.ABC News - Top stories -
Has the US finally borrowed too much?
A conversation with Jason Furman about the limits of debtFinancial Times - Business -
Red Lobster files for Chapter 11 bankruptcy protection
Red Lobster's owner has said the pandemic and rising costs hurt the seafood chain's financial performance.CBS News - Top stories -
Red Lobster, an American Seafood Institution, Files for Bankruptcy
Facing challenges since the start of the pandemic, the seafood chain said it would reduce its locations and sell off most of its assets.The New York Times - Business -
Red Lobster files for bankruptcy, but restaurants will stay open
Red Lobster has filed for voluntary Chapter 11 bankruptcy in Florida, the company confirmed in a statement late Sunday night — but it intends to keep its locations open.NBC News - Top stories
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U.S. natural gas futures gave back some ground after four straight sessions of gains that lifted prices to a four-month high.The Wall Street Journal - World -
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Canadian inflation eased last month, resuming its decline to advance at the slowest pace in three years and leaving open the door for interest rates to be cut before summer.The Wall Street Journal - World -
The Morning Risk Report
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Sonos Picks a Good Time to Plug Into Headphones
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One Dead, Others Injured as Singapore Airlines Flight Hits Turbulence
One person died and at least 30 others were injured aboard a Singapore Airlines flight that encountered severe turbulence en route from London to its intended destination of Singapore, the airline said.The Wall Street Journal - World