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     USA Today

     It wasn't just the endless shrimp: Red Lobster's troubles detailed in bankruptcy filing

     Bankruptcy documents filed in the Middle District of Florida detail how Red Lobster has struggled in various ways, including a 30% drop in guests since 2019. In a 124-page document obtained ...

     7 hours ago

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     Slate via Yahoo

     Fired Red Lobster Employees Have Quite the Tales About the “Endless Shrimp” Debacle

     2 days ago

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     USA Today

     'We're not going out of business': As Red Lobster locations close, chain begins outreach

     15 minutes ago

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     The Daily Record

     Red Lobster seeks bankruptcy protection days after closing dozens of restaurants - Maryland Daily Record

     2 days ago

   • Restaurant Business

     Endless Shrimp becomes pivotal issue in Red Lobster bankruptcy

     2 days ago

   • CNN Business via Yahoo

     Red Lobster files for bankruptcy

     2 days ago

   • Fortune via Yahoo

     Red Lobster is blaming its bankruptcy on top shareholder and its ex-CEO, saying an $11M all-you-can-eat-shrimp fiasco contributed to its demise

     1 day ago

   • LA Times via Yahoo

     Column: It wasn't just the endless shrimp — Red Lobster's corporate owners drove it into bankruptcy

     20 hours ago

   • Forbes

     Why Red Lobster Went Bankrupt: COVID, Rising Costs—And Millions Lost On Endless Shrimp

     2 days ago

   • New Hampshire Union Leader

     Red Lobster probes 'endless shrimp' losses after bankruptcy filing

     2 days ago

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2. • • Seafood restaurant chain Red Lobster filed for bankruptcy, succumbing to onerous leases, high labor costs and a disastrous unlimited shrimp promotion. The Orlando, Florida-based company filed for Chapter 11 protection on Sunday, listing assets and liabilities of $1 billion to $10 billion each in its bankruptcy petition.
     www.bloomberg.com › news › articles

     Red Lobster Chain Goes Bankrupt After Unlimited Shrimp Deal

3. People also ask

   Why did Red Lobster go bankrupt?

   • Red Lobster's Chapter 11 bankruptcy filing and the closing of multiple locations of the Florida-based chain are the culmination of massive debt, a carousel of CEOs, an all-you-can-eat shrimp controversy and an overall decline in guests.

   It wasn't just the endless shrimp: Red Lobster's troubles detailed in bank…

   www.usatoday.com/story/money/2024/05/22/red-lobster-endless-shrimp-loss/73789147007/

   See all results for this question

   Why did Red Lobster sell endless shrimp?

   • Endless shrimp was a successful annual limited-time offer for Red Lobster for 20 years. But Red Lobster’s latest major shareholder, Thai Union, a Bangkok-based canned seafood company, saw the promotion as a way to sell off the mountains of shrimp it was catching and turned it into an everyday item.

   How Red Lobster’s misguided endless shrimp promotion drove it into b…

   edition.cnn.com/2024/05/20/business/what-went-wrong-at-red-lobster/index.html

   See all results for this question

   Does Red Lobster have endless shrimp?

   • Last summer, Red Lobster made $20 endless shrimp a permanent menu item. Endless shrimp was a successful annual limited-time offer for Red Lobster for 20 years.

   How Red Lobster’s misguided endless shrimp promotion drove it into b…

   edition.cnn.com/2024/05/20/business/what-went-wrong-at-red-lobster/index.html

   See all results for this question

   Did 'endless shrimp' Doom Red Lobster?

   • “This decision created both operational and financial issues for [Red Lobster]… saddling the company with burdensome supply obligations” to Thai Union, Red Lobster said in the filing. Thai Union did not immediately respond to CNN’s request for comment. Endless shrimp alone didn’t doom Red Lobster.

   How Red Lobster’s misguided endless shrimp promotion drove it into b…

   edition.cnn.com/2024/05/20/business/what-went-wrong-at-red-lobster/index.html

   See all results for this question

4. www.usatoday.com › story › moneyRed Lobster's endless shrimp, customer drop detailed in ...

   www.usatoday.com › story › money

   • Cached

   6 hours ago · Red Lobster's Chapter 11 bankruptcy filing and the closing of multiple locations of the Florida-based chain are the culmination of massive debt, a carousel of CEOs, an all-you-can-eat shrimp ...

5. edition.cnn.com › 2024/05/20 › businessHow Red Lobster’s misguided endless shrimp promotion drove it ...

   edition.cnn.com › 2024/05/20 › business

   • Cached

   1 day ago · The change cost Red Lobster $11 million. Red Lobster filed for bankruptcy Sunday, and the bankruptcy filing sheds new light on Thai Union’s role in the endless shrimp mishap. Red Lobster said it ...

6. slate.com › life › 2024Tales From the Trenches of Red Lobster’s Endless Shrimp

   slate.com › life › 2024

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   2 days ago · Red Lobster officially filed for bankruptcy Monday, after a grim week that saw nearly 100 stores shut down around the country. The restaurant chain has cycled through multiple owners and ...

7. Videos

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     6:24

     youtube.com

     Red Lobster bankruptcy: Closing stores due to endless shrimp deal? | LiveNOW from FOX

     May 21, 2024

     1K Views

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     1:43

     youtube.com

     Could 'Endless Shrimp' Deal Cause Red Lobster's Bankruptcy?

     May 16, 2024

     68.2K Views

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     2:23

     msn.com

     Red Lobster files for bankruptcy after endless shrimp missteps

     May 21, 2024

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8. www.eater.com › 24160929 › red-lobster-bankruptcyWhy Red Lobster Filed for Bankruptcy: It Wasn’t the Endless ...

   www.eater.com › 24160929 › red-lobster-bankruptcy

   1 day ago · In 2023, the chain brought back its endless shrimp promotion — all-you-can-eat shrimp scampi for $19.99 — as a way to bring diners in and get them to spend on cocktails and appetizers. While ...

9. news.bloomberglaw.com › bankruptcy-law › red-lobsterRed Lobster Owner Disputes ‘Endless Shrimp’ Deal Allegations

   news.bloomberglaw.com › bankruptcy-law › red-lobster

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   20 hours ago · The Thai seafood supplier that owns Red Lobster Management LLC disputed allegations that it forced the now-bankrupt business to take its shrimp while former management promoted an “endless” shrimp deal at its restaurants. Thai Union Group Plc disputed the contents of a sworn statement filed in bankruptcy court from Red Lobster Chief ...

10. finance.yahoo.com › news › seafood-chain-red-lobsterRed Lobster Chain Goes Bankrupt After Unlimited Shrimp Deal

    finance.yahoo.com › news › seafood-chain-red-lobster

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    2 days ago · In May 2023, the company changed its $20 “Ultimate Endless Shrimp” from a limited-time offer to a permanent promotion, costing it $11 million as diners devoured expensive plates of shrimp. Red ...

11. www.bloomberg.com › news › articlesRed Lobster Chain Goes Bankrupt After Unlimited Shrimp Deal

    www.bloomberg.com › news › articles

    • Cached

    2 days ago · Updated on. May 20, 2024 at 6:11 AM PDT. Listen. 2:44. Seafood restaurant chain Red Lobster filed for bankruptcy, succumbing to onerous leases, high labor costs and a disastrous unlimited shrimp ...