May 4, 2024, 7:28 PM
May 1, 2024, 12:00 AM
The downfall of Red Lobster: A lesson in business failure
Tragic
- Red Lobster, known for American seafood, is facing bankruptcy due to corporate mismanagement.
- Competition and consumer shifts have also contributed to Red Lobster's business problems.
- The demise of Red Lobster serves as a cautionary tale for businesses on how to fail.
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