The Shrimp Conspiracy: Red Lobster's Downfall

This chapter examines the bankruptcy of Red Lobster, focusing on flawed business strategies and controversial promotional tactics like the unlimited shrimp offer. It discusses the implications of private equity ownership and the challenges of high lease payments alongside changing consumer tastes. The narrative humorously compares corporate practices to pawning valuables for quick cash and addresses conflicts of interest with Red Lobster's supplier, Thai Union.