Seafood restaurant chain Red Lobster is considering a Chapter 11 bankruptcy filing, per Bloomberg.

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Discussion

Slowly, then suddenly

What?! Wow. I remember that a few years ago (2017-2018) it was the only casual-dining restaurant chain doing ok, comparatively. It was being propped up as the model for casual/family dining.

As sad as it is to see the industry dying (especially the correlated small businesses), maybe we can be ok with consumer dining going through a Renaissance at some point after this system dies.

Make restaurants great (and affordable) again.

Vive la laissez-faire!