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re: Red Lobster considering filing for bankruptcy
Posted on 4/16/24 at 7:57 pm to HailHailtoMichigan!
Posted on 4/16/24 at 7:57 pm to HailHailtoMichigan!
No room in the market for mid range restaurants anymore. It's either fast food type places or higher end that has margins to still pay growing labor costs.
Red Lobster, Chilis, and Applebees types are going to get squeezed out.
Red Lobster, Chilis, and Applebees types are going to get squeezed out.
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