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Red Lobster chain goes bankrupt after unlimited shrimp deal

Red Lobster chain goes bankrupt after unlimited shrimp deal
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Red Lobster s Shrimp Debacle Spotlights $1 2 Billion Thai Family

Red Lobster s Shrimp Debacle Spotlights $1 2 Billion Thai Family
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Samut sakhonUnited kingdomUnited statesJonathan tibusThiraphong chansiriAnuchit nguyenKraisorn chansiriKing oscarThai unionA thai unionUniversity of san franciscoThai union group pclRed lobsterBloomberg billionairesSan franciscoChief executive officer jonathan tibus

Red Lobster chain goes bankrupt after losses from unlimited shrimp deal

The seafood restaurant chain filed for bankruptcy, succumbing to onerous leases, high labor costs and a disastrous unlimited shrimp promotion.

United statesJonathan tibusNamy huhThai union group plcThai unionRed lobsterUs bankruptcy courtRed lobster managementFortress investment groupChief executive officer jonathan tibusCheddar bayNorth americanMiddle district

US Red Lobster seafood cahin goes bankrupt after unlimited shrimp deal

Cost of labour and leases also factors

United statesJonathan tibusThai unionThai union group plcRed lobsterChief executive officer jonathan tibusCheddar bayNorth american

Red Lobster files for bankruptcy after costly unlimited shrimp deal, leases

Red Lobster files for bankruptcy after costly unlimited shrimp deal, leases
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