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
The Intelligence from The Economist
The Economist
Les Grosses Têtes
RTL
Barbie Chronicles
Barbie
The Gas Man | Tortoise Investigates
Tortoise Media
LEGEND
Guillaume Pley

More by CBC

Evil By Design
CBC
Uncover
CBC
The Banned Teacher
CBC
Ideas
CBC
Pieces
CBC
Brainwashed
CBC