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Red Lobster could file for bankruptcy this month following the closure of 50+ stores: WSJ

Red Lobster could file for Chapter 11 bankruptcy protection in Orlando in May. The company's financial missteps include its Endless Shrimp promotion.

By: Business Insider

May 20 2024
8
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A Red Lobster restaurant in Times Square in New York.Richard Levine/Corbis via Getty Images

Red Lobster could file for Chapter 11 bankruptcy protection next week, per The Wall Street Journal… [+1976 chars]
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