Red Lobster’s bankruptcy goes deeper than free shrimp
A Red Lobster restaurant in Lakewood, California, on May 15, 2024. Red Lobster is closing at more than 50 of its restaurants across the country.It wasn’t just the free shrimp that tanked Red Lobster. The Orlando-based seafood chain filed for Chapter 11 bankruptcy last week citing $1 billion in debt, according to court filings. The […]