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Red Lobster was killed by private equity, not endless shrimp
- deleted 2y ago[deleted]
- dang 2y agoComments moved to https://news.ycombinator.com/item?id=40233029 https://news.ycombinator.com/item?id=40233029.
- PeterHolzwarth 2y agoOh, is this the story we are going to roll with? Not the story that 80's style fast casual restaurant chains have been on a nonstop decline for decades across the board? Not that compelling from-the-trenches anecdotes of employees plot the ruinous impact of poorly thought out promotional meal specials? Nor that the pandemic torched what little was left of an old and decayed restaurant concept? Ah, no - we are going to say that privut ekertay ruined the chain. Right.
- Apocryphon 2y agohttps://finance.yahoo.com/news/sit-down-dining-stocks-q1-090241643.html https://finance.yahoo.com/news/sit-down-dining-stocks-q1-090...