(Bloomberg) -- Seafood restaurant chain Red Lobster filed for bankruptcy, succumbing to onerous leases, high labor costs and a disastrous unlimited shrimp promotion. Most Read from BloombergIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteSpeedier Wall Street Trades Are Putting Global Finance On EdgeSaudi Crown Prince Postpones Japan Trip Over King’s HealthEbrahim Raisi, Iranian President Confronting West, Dies at 63One of the Last Big Bears on Wall Street Turns Bullish on US StocksT
oh no!..anyways
edit: turns out that red lobster was bought, new owners filed for bankruptcy, and then jack up the rents on the owner/operators to insanely high prices.