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Red Lobster’s woes go beyond just bottomless shrimp
May 20, 2024

Red Lobster’s woes go beyond just bottomless shrimp

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Some of the eatery's troubles can be traced back to its purchase by a private equity firm a decade ago.

Segments From this episode

Bottomless shrimp and bottomed out finances

The Red Lobster restaurant chain has officially filed for bankruptcy protection.  The national chain of seafood restaurants has struggled in recent years, with high labor costs, expensive leases and a popular promotion that ate into profits.

A pulse check of the masterpiece market

New York’s major auction houses have ended a marquee week of sales, which happens twice a year. And the final tallies show that the art world is struggling to overcome a recession of its own as prices fall and demand withers.

The team

Leanna Byrne Host, BBC
Kelly Silvera Executive Producer
Meredith Garretson Morbey Senior Producer
Alex Schroeder Producer
Erika Soderstrom Producer
Ariana Rosas Producer
Nic Perez Director/Producer
Dylan Miettinen Digital Producer
John Bruington Media Producer
Jesson Duller Media Producer
Brian Allison Technical Director
James Graham Producer, BBC
Jo Critcher Producer, BBC
Naomi Rainey Producer, BBC
Lis Mahy Producer, BBC