Red Lobster's bankruptcy goes deeper than free shrimp – Vox.com
It wasnt just the free shrimp that tanked Red Lobster. The Orlando-based seafood chain filed for Chapter 11 bankruptcy last week citing $1 billion in debt, according to court filings. The company announced the closure of dozens of stores nationally, with plans to sell company assets including auctioning interior furniture and kitchenware. The announcement comes…