Once a seafood powerhouse in America, Red Lobster is bankrupt and shutting down dozens of restaurants. Is Wall Street to blame?
00:00 - Intro
01:00 - Red Lobster Expands Across the US
01:27 - General Mills, Darden Restaurants, and Golden Gate
02:39 - The Private Equity Firm Makes Sale-Leaseback Transactions
03:21 - Thai Union Takes Over Red Lobster
03:35 - COVID Hits the Seafood Chain
04:52 - Red Lobster Loses Millions with Endless Shrimp Promotion
05:45 - The Struggles of Red Lobster
06:28 - Investor Interference and the ‘Shrimp Mafia’
07:24 - Red Lobster Declares Bankruptcy
08:28 - Credits
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Red Lobster's Fall Is A Case Study Of How To Kill A Business | Rise and Fall | Business Insider
