News, Popular Culture
On Monday, the venerable, Beyoncé-endorsed seafood chain declared bankruptcy. Red Lobster has been struggling for a while. It was sold to private equity firm Golden Gate Capital in 2014 for $2.1 billion and then bought out by the seafood supplier Thai Union in 2020. Thai Union is one of the world’s largest seafood conglomerates. Thai … Read More “You did not bankrupt Red Lobster by eating too many shrimp.” »