Good news for seafood lovers! Although Red Lobster has closed about 100 stores recently, the remaining locations can likely be saved, experts say. Fortress Investment Group predicts the chain should be able “to continue operating more or less as usual and without further closures.” However, there are still hurdles to clear: The number of visitors has fallen 30% since 2019. Red Lobster filed for bankruptcy in May after offering a tantalizing endless shrimp deal. (newser)
Can Red Lobster Be Saved?
Jul 31, 2024 | 8:00 PM