How Did AI Hurt Red Lobster But Help ALDI?
Procurement Insights
MAY 26, 2024
Under Kenny, Red Lobster also cut two of its longtime shrimp suppliers— and competitors to Thai Union — to purchase more shrimp from Thai Union at higher costs, according to Red Lobster’s bankruptcy filing. That’s no small feat for an organization with more than 700 restaurants and 170 suppliers worldwide.”
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