# @businessinsider on YouTube

- **Type:** Video
- **Original URL:** https://youtube.com/watch?v=AM2K20qtDZ8
- **Gondola URL:** https://gondola.cc/posts/73226519-businessinsider-youtube
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/30d3821452.jpg
- **Posted:** 2024-07-17T19:51:45.000+00:00
- **Account Owner:** Business Insider (@BusinessInsider) — https://gondola.cc/BusinessInsider

## Caption

Once a seafood powerhouse in America, Red Lobster is bankrupt and shutting down dozens of restaurants. Is Wall Street to blame?

Read "The fishy death of Red Lobster: endless Shrimp didn't sink the seafood chain. Wall Street did": https://bit.ly/4trVY4T 

And "Red Lobster brings back the 'endless shrimp' deal that cost them millions": https://bit.ly/4vSjRo7 

00:00 - Intro
01:00 - Red Lobster Expands Across the US
01:27 - General Mills, Darden Restaurants, and Golden Gate
02:39 - The Private Equity Firm Makes Sale-Leaseback Transactions
03:21 - Thai Union Takes Over Red Lobster
03:35 - COVID Hits the Seafood Chain
04:52 - Red Lobster Loses Millions with Endless Shrimp Promotion
05:45 - The Struggles of Red Lobster
06:28 - Investor Interference and the ‘Shrimp Mafia’
07:24 - Red Lobster Declares Bankruptcy
08:28 - Credits

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#redlobster #riseandfall #businessinsider 

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Red Lobster's Fall Is A Case Study Of How To Kill A Business | Rise and Fall | Business Insider

## Stats

- **Views:** 256,495
- **Likes:** 3,591
- **Shares:** 0
- **Comments:** 0

## Tags

businessinsider, riseandfall, redlobster

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