Red Lobster’s bankrupt-sea

Today, Explained Podcast

The seafood chain found itself deep in the red after a disastrous unlimited shrimp promotion. Wall Street Journal restaurant reporter Heather Haddon explains what sunk Red Lobster — and the troubled waters facing other casual dining chains.

This episode was produced by Denise Guerra and Haleema Shah, edited by Matt Collette, fact-checked by Laura Bullard, engineered by David Herman and Andrea Kristinsdottir, and hosted by David Pierce.

Transcript at vox.com/today-explained-podcast

Support Today, Explained by becoming a Vox Member today: http://www.vox.com/members

Learn more about your ad choices. Visit podcastchoices.com/adchoices

To listen to explicit episodes, sign in.

Stay up to date with this show

Sign in or sign up to follow shows, save episodes and get the latest updates.

Select a country or region

Africa, Middle East, and India

Asia Pacific

Europe

Latin America and the Caribbean

The United States and Canada