

9
"I learned that Red Lobster closed at least 50 locations nationwide on Monday, including nearly a dozen in New York, as the company considers filing for Chapter 11 bankruptcy; Thai Union Group, the Thailand-based seafood supplier that owns Red Lobster, blamed the pandemic, labor costs, and the company’s “Ultimate Endless Shrimp” deal, which increased foot traffic but lost the company $11 million in 2023." - Luke Fortney