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Private equity, endless shrimp and Red Lobster’s decline

Private equity, endless shrimp and Red Lobster’s decline

FromMake Me Smart


Private equity, endless shrimp and Red Lobster’s decline

FromMake Me Smart

ratings:
Length:
16 minutes
Released:
May 22, 2024
Format:
Podcast episode

Description

Red Lobster, the popular seafood chain, filed for Chapter 11 bankruptcy protection this week after closing dozens of locations. We’ll get into the company’s yearslong troubles and why its unlimited shrimp deal isn’t entirely responsible for the chain’s downfall. Then, we’ll discuss the challenges of battling misinformation in today’s fractured media landscape. Plus, WNBA players are slaying designer looks and defying stereotypes of women in sports.
Here’s everything we talked about today:

“Tales From the Trenches of Red Lobster’s Endless Shrimp.” from Slate
“Why Red Lobster Filed for Bankruptcy: It Wasn’t the Endless Shrimp” from Eater
“As Red Lobster files for bankruptcy, changing tastes take a toll on its casual-dining competitors” from Marketplace
“Majority of Americans wrongly believe US is in recession – and most blame Biden” from The Guardian
“How Arizona is preparing for AI-powered election misinformation” from Marketplace
“The WNBA Has Teamed Up With High Fashion. It’s a Slam Dunk” from The Daily Beast
“General election latest: Rishi Sunak announces 4 July vote in Downing Street statement” from BBC
Video of UK Prime Minister Rishi Sunak announcing general election from Oz Katerji on X









We love to hear from you. Send your questions and comments to makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Released:
May 22, 2024
Format:
Podcast episode

Titles in the series (100)

Each weekday, Marketplace’s Kai Ryssdal and a guest make today make sense. Along with our supersmart listeners, we break down happenings in tech, the economy and culture. Every Tuesday we bring on a guest to dive deeper into one important topic. Because none of us is as smart as all of us.