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News@lemmy.world · 7 months ago

The demise of Red Lobster is a perfect case study in how to kill a business

www.businessinsider.com

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The demise of Red Lobster is a perfect case study in how to kill a business

www.businessinsider.com

return2ozma@lemmy.world to

News@lemmy.world · 7 months ago

Red Lobster may be headed toward bankruptcy, but its business problems go far beyond all-you-can-eat shrimp.

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7 months ago
I was reading how some fishing company bought out a bunch of Red Lobsters to deliberately sell them marked up product so that even in bankruptcy the parent company was making record profits.

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