Red Lobster closes 93 locations amid crisis
Edited By WION Video Desk
Published: May 21, 2024, 05:25 IST | Updated: May 21, 2024, 05:25 IST
Red Lobster, the Orlando-based seafood chain, filed for chapter 11 bankruptcy this weekend. The company cited high labor costs, rising rents, and its unlimited shrimp deal as primary factors.
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