Red Lobster Real Estate Fallout

America’s most well-known seafood restaurant has announced that it has filed for Chapter 11 bankruptcy. Red Lobster, founded in 1968 in Florida, grew to have more than 700 locations at its peak. Now, the brand is bankrupt. One of the main reasons for the chain’s struggles is its handling of real estate, not the $11...

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RSK: I have said many times that the value of certain companies is with their real estate and their locations. Sears is another example. Once that is gone, the value drops considerably...