Red Lobster superfans desperately want a piece of the bankrupt chain

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image of Red Lobster storefront and empty parking lot
A Red Lobster in Stony Brook, NY was one of the stores to close in May 2024.

John Paraskevas/Newsday RM via Getty Images

Red Lobster bought a lot of shrimp from its Thai owner. Now, the new CEO is investigating.

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A shrimp on a fork.
Red Lobster's unlimited-shrimp promotion cost the company millions.

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Elon Musk is mourning Red Lobster's bankruptcy too

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Elon Musk (left) and a Red Lobster restaurant (right).
"Too bad (sigh). I have some fond memories from a long time ago of eating at Red Lobster," Elon Musk said in an X post on Monday.

Apu Gomes via Getty Images; Richard Levine/Corbis via Getty Images

The rise and fall of Red Lobster, which just filed for bankruptcy after a failed endless shrimp promotion

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Red Lobster restaurant
Red Lobster filed for bankruptcy after closing over 50 restaurants.

PATRICK T. FALLON/AFP/Getty Images

Red Lobster just filed for bankruptcy — but it's not going to disappear

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A sign is posted in front of a Red Lobster restaurant on May 14, 2024 in Fremont, California.
A Red Lobster restaurant in California.

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Laid-off Red Lobster workers vent online after 50 locations abruptly close

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More than 50 Red Lobster restaurants in the US closed this week amid financial troubles at the company.

Patrick T. Fallon/Getty Images

Red Lobster could file for bankruptcy this month following the closure of 50+ stores: WSJ

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A Red Lobster restaurant in Times Square in New York.
A Red Lobster restaurant in Times Square in New York.

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Red Lobster is closing down over 50 locations, and everything must go

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A Red Lobster restaurant in Rohnert Park, California.
A Red Lobster restaurant in Rohnert Park, California — one of the dozens of locations listed for auction.

Justin Sullivan via Getty Images

I spent $125 on dinner for 2 at Red Lobster. It was pricey, but the portion sizes were massive.

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red lobster in times square and the author holding up shrimp fettuccini alfredo
I went to Red Lobster and ordered dinner for two. The meal impressed me, but was a little pricey.

Erin McDowell/Business Insider

The demise of Red Lobster is a perfect case study in how to kill a business

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The Wall Street bull about to eat a Red Lobster logo
Sure, Endless Shrimp turned out to be a horrible idea, but the problems at Red Lobster are much deeper than one bad promotion.

iStock; Adobe Stock; Rebecca Zisser/BI

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