Red Lobster Real Estate Fallout

By Franco Faraudo

America’s most well-known seafood restaurant has announced that it has filed for Chapter 11 bankruptcy. Red Lobster, founded in 1968 in Florida, grew to have more than 700 locations at its peak. Now, the brand is bankrupt. One of the main reasons for the chain’s struggles is its handling of real estate, not the $11 […]

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