24 min

Was Red Lobster's fall caused by more than endless shrimp‪?‬ Front Burner

    • News

Red Lobster used to be one of the biggest names in the world of casual dining — but now the restaurant chain is on the brink of collapse as it files for bankruptcy protection. Was its famous "endless shrimp" promotion really too much for the restaurant to handle? Or is this more about the business decisions of a private equity firm and a major Thai seafood company?

Business Insider senior correspondent Emily Stewart takes us through the story of Red Lobster's years-long fall from glory — and how it joins a club of other businesses knocked out by private equity.

Red Lobster used to be one of the biggest names in the world of casual dining — but now the restaurant chain is on the brink of collapse as it files for bankruptcy protection. Was its famous "endless shrimp" promotion really too much for the restaurant to handle? Or is this more about the business decisions of a private equity firm and a major Thai seafood company?

Business Insider senior correspondent Emily Stewart takes us through the story of Red Lobster's years-long fall from glory — and how it joins a club of other businesses knocked out by private equity.

24 min

Top Podcasts In News

The Daily
The New York Times
Front Burner
CBC
Pod Save America
Crooked Media
Global News Podcast
BBC World Service
The Tucker Carlson Show
Tucker Carlson Network
Real Time with Bill Maher
HBO Podcasts

More by CBC

Front Burner
CBC
Under the Influence with Terry O'Reilly
Apostrophe Podcast Network
The Current
CBC
World Report
CBC
The Secret Life of Canada
CBC
Ideas
CBC