Why San Diego restaurants are closing
Rubio's, Red Lobster and Sammy's all recently announced closures in San Diego County. Experts say it's part of a nationwide trend.
Source: cbs8.com
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Red Lobster Closures: 3 Charts Show What Went Wrong
The nationally recognized chain of restaurants sunk following inflation, losses and "endless shrimp" deals.
Source: newsweek.com
Red Lobster's Misguided Endless Shrimp Drove it Into Bankruptcy
Red Lobster made $20 endless shrimp permanent last summer, a big mistake after 20 years of success as an annual limited-time offer.
Source: eurweb.com
Hiltzik: How financial machinations crippled Red Lobster
Red Lobster's private equity owners saddled it with overpriced leases and overpriced shrimp, then blamed customers for its problems.
Source: latimes.com
How Red Lobster's misguided endless shrimp promotion drove it into bankruptcy
Last summer, Red Lobster made $20 endless shrimp a permanent menu item.
Source: cnn.com