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Why Red Lobster Filed For Bankruptcy

Video Credit: Veuer - Duration: 00:43s - Published
Why Red Lobster Filed For Bankruptcy

Why Red Lobster Filed For Bankruptcy

$20 “Ultimate Endless Shrimp” may have brought on financial ruin for Red Lobster.

The company made the offering permanent last year.

Well, it brought in customers alright.

CNN reports the company claimed an $11 million operating loss.

Veuer's Elizabeth Keatinge has more.


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