Who says global warming doesn’t have an upside? One of the unpredictable effects of changing sea temperatures appears to be a radical rise in lobster populations. As a result the price of lobster has ...
Red Lobster introduced a $20 all-you-can-eat shrimp promotion that backfired. Execs said the chain underestimated the response to the "very cheap" deal, which led to losses. Diners are facing sticker ...
Jonathan Miller shows off his catch.Most New Yorkers know appraiser Jonathan Miller as the statistics guru who produces quarterly market reports for Prudential Douglas Elliman. Few realize that he’s ...
A late fall uptick in lobster catch in the US northeast, along with weakened exports this year, is fueling price drops ...
Red Lobster's parent company, Thai Union Group, disclosed earlier this month that the seafood chain took an unexpectedly large loss in the third quarter of the year because its $20 shrimp promotion ...
When Red Lobster diners tucked into the seafood chain's all-you-can-eat shrimp, they were also biting into something else — the company's profits. In June, Red Lobster made its popular "Ultimate ...
PORTLAND, Maine -- A glut has driven down lobster prices in Maine -- bringing cheer to lobster-loving consumers at the start of the state's tourist season but gloom among lobstermen. Retailers have ...
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