Red Lobster’s Demise Was Never About the Endless Shrimp
EATER
MAY 20, 2024
In 2014, its parent company Darden sold Red Lobster to a private equity firm called Golden Gate Capital for $2.1 Of course, it’s much more complicated than that. Red Lobster has had a really rough last 10 years, maybe even worse than the rest of us; since 2021, the chain has had five different CEOs.
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