Red Lobster, which brought affordable shrimp and lobster to middle-class America and grew to become the largest seafood restaurant chain in the world, has filed for bankruptcy.
Working as intended. The company was spun off from its parent a decade ago and bought by vulture capitalists. As is tradition, they picked the skeleton clean before leaving somebody else responsible for the corpse.
Working as intended. The company was spun off from its parent a decade ago and bought by vulture capitalists. As is tradition, they picked the skeleton clean before leaving somebody else responsible for the corpse.