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News@lemmy.worldEnglish · 4 months ago

Red Lobster files for bankruptcy, restaurants will stay open

www.nbcnews.com

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Red Lobster files for bankruptcy, restaurants will stay open

www.nbcnews.com

tal@lemmy.today to

News@lemmy.worldEnglish · 4 months ago

49

The largest seafood chain in the U.S. has been unable to regain its financial footing following the pandemic.

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CraigeryTheKid@lemm.ee
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4 months ago
yeah that part confused me too. is a supplier an owner too?
- flicker@lemmy.world
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  4 months ago
  The Thai Union owns 49% of the stock. That shouldn’t be enough to control the company, but the fact that “none” of the C suite agreed with getting rid of the other suppliers but it happened anyway?

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