However, the reality doesn’t seem to have lived up to the company’s initial expectations.
It has alsoshuttered a string of underperforming restaurantsever since Thai Union acquired it.
Last year was particularly rough for Red Lobster and Thai Union.
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Thai Union later raised the price of the deal to $25.
“So you don’t need to expect any one-time gain from Red Lobster.”
Moving forward, they plan to focus on Thai Union’s core business of producing seafood products.
Red Lobster
