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Red Lobster cleared to exit Chapter 11 bankruptcy protection

Por: Fox Business Business September 06, 2024

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MacroMavens President Stephanie Pomboy joined ‘Mornings with Maria’ to discuss the Federal Reserve’s handling of inflation as investors react to the second read on 1Q GDP.  Red Lobster was cleared to exit bankruptcy several months after financial woes compelled the to close dozens of locations and file for Chapter 11. Part of the blame was being placed on the chain's endless shrimp promotion.On Thursday, Red Lobster Management LLC,... + full article



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