5min chapter

The Hustle Daily Show cover image

Yes, Red Lobster is bankrupt. Now what?

The Hustle Daily Show

CHAPTER

Red Lobster's Financial Struggles and Bankruptcy Filing

Exploring the financial difficulties faced by Red Lobster, including the impact of a failed promotional deal, mismanagement, ownership changes, and the challenges posed by the changing restaurant industry landscape, leading to the chain's bankruptcy filing and overwhelming liabilities.

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