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Sinking Ships: The Red Lobster Bankruptcy
Manage episode 423252193 series 3478762
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In today's episode of the Miller Law Chronicles podcast, Brandi Spaich and I dive into the surprising downfall of Red Lobster, the beloved seafood chain famous for its Cheddar Bay Biscuits. We explore how an "Endless Shrimp" promotion unexpectedly contributed to Red Lobster's recent bankruptcy filing after over 50 years in business.
Discover the unintended consequences of this all-you-can-eat deal and what it means for Red Lobster's over 600 locations. A fascinating look at how even popular restaurants can crumble under the weight of their success.
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