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Red Lobster files for bankruptcy after missteps including all-you-can-eat shrimp

The seafood chain is in hot water after a series of bad choices by a parade of executives. Almost 580 restaurants will stay open, after dozens closed abruptly last week.

This Red Lobster in Maryland was among dozens of locations that closed abruptly ahead of the restaurant

The seafood chain is in hot water after a series of bad choices by a parade of executives. Almost 580 restaurants will stay open, after dozens closed abruptly last week.

(Image credit: Alina Selyukh)

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