this post was submitted on 06 Jun 2024
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Red Lobster could shut down over 100 more locations (thehill.com)
submitted 5 months ago by [email protected] to c/[email protected]
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[–] [email protected] 3 points 5 months ago

I know this business activity of investers buying a business just to strip mine it and dump the carcass is not new as that is the back story to the male character in the movie Pretty Woman back in the 80s. So it’s been happening for a while and I am just shocked that we let it keep happening.