Video Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Explainers

Endless shrimp, private equity, and the 'shrimp mafia' that took down Red Lobster

Sarah Andersen and Emily Stewart
2024-07-17T19:24:53Z
Description Angle down icon An icon in the shape of an angle pointing down.

Once a seafood powerhouse in America, Red Lobster is bankrupt and shutting down dozens of restaurants. Is Wall Street to blame?

More from Explainers

Jeff Bezos just invested in laundry-folding robots
Play icon A triangle pointing right which indicates this type of media can be played.
A Physical Intelligence robot folding a pair of shorts
Online misinformation about Ozempic runs rampant — here's what the science says
Play icon A triangle pointing right which indicates this type of media can be played.
Ozempic and Wegovy pens lie next to a pile of pills.
Is it time to change the Supreme Court, and can it happen?
Play icon A triangle pointing right which indicates this type of media can be played.
SCOTUS is illegitimate sign held by protester outside The Supreme Court Building.
Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Video

Jump to

  1. Main content
  2. Search
  3. Account