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RED LOBSTER GOING BANKRUPT?

By Bryan McGarvey Apr 18, 2024 | 3:29 AM

Looks like Red Lobster is about to go bankrupt and it’s all because you couldn’t stop eating their endless shrimp! It also doesn’t help that you can now buy their ‘Cheddar Bay Biscuit’ mix at the supermarket. Red Lobster blames the pandemic and higher seafood prices for killing their business. They also admit last fall’s ‘Ultimate Endless Shrimp’ deal cost the company $11 million.

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