

Was Endless Shrimp to Blame for Red Lobster's Bankruptcy?
9 snips May 27, 2024
Exploring Red Lobster's bankruptcy due to the infamous endless shrimp deal, leading to an $11 million loss. The investigation into questionable decisions behind the bankruptcy declaration. Comparing Red Lobster's struggles with the meme stock trend and delving into the financial history of the seafood chain.
Chapters
Transcript
Episode notes
1 2 3 4 5
Introduction
00:00 • 2min
Red Lobster's Financial Woes Due to All-You-Can-Eat Promotions
01:35 • 4min
Exploring Red Lobster's Bankruptcy and Leveraged Buyout History
05:16 • 3min
Red Lobster's Financial Struggles and Endless Shrimp Controversy
08:27 • 7min
Proposed Plan by Flavor Flav to Save Red Lobster and Sale Negotiations
15:01 • 3min