How private equity keeps failing brands like Red Lobster
Casual dining chain Red Lobster has filed for Chapter 11 bankruptcy, and private equity is once again being blamed.
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Casual dining chain Red Lobster has filed for Chapter 11 bankruptcy, and private equity is once again being blamed.
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Bloomberg Businessweek editor Brad Stone and senior features editor Danielle Sacks sent out the following on Monday: We’re thrilled to announce that Amanda…
It all started with a car crash. On November 15, 2023, TikTok user Danielle Marie Lettering posted a video showcasing the aftermath of her car catching on fire. The video, filmed on her phone, centres on the car’s front seats, burned and flaking from excessive heat. The outer layer of the Kia steering wheel is peeling. Lettering’s voice, however, is upbeat. “Everybody is so concerned about if the Stanley spills,” she says, her hand reaching into the wreckage to lift her intact Stanley Quencher tumbler, nestled between both burnt seats. “But what about this…” she says, lifting it ...
I read all the books and tried all the hacks in a mad quest to optimise my time