08-12-2024, 06:04 AM
Where do you guys think Red Lobster’s future will be? It has filed for bankruptcy, closing over 100 stores nationally, but have just been bought out by a PE Firm specializing in the restaurant industry. Additionally, they have hired the former CEO of PF Changs, who fixed PF Changs, to manage the business. Do you think he’s can use his experience turning PF Changs around to save Red Lobster?